HD 1W

Why do I expect price to move below 247 USD?
Firstly, let's look at the chart.

What can you can read from the chart?
  • Price has created lower high.
  • Price is below local PoC.
  • Weak higher low

What do I expect will happen based on my readings?
Price is currently below local PoC. The structure is very poor. I believe price will move below 247 USD.
homedepotTrend Analysis

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