HD's Technical Stars Align

Resilient Retailer Shows Powerful Setup‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

"In this choppy market, when I see a stock showing relative strength with multiple timeframe squeezes and perfect EMA alignment, that's when I know it's time to pay attention." Nate Bear, Lead Technical Tactician, Monument Traders Alliance Friday's market selloff tested many traders' resolve, but it also revealed something interesting - stocks showing relative strength during weakness often become tomorrow's leaders. Thanks to the S.A.M. AI Scanner doing the heavy lifting, I was able to quickly identify one of these resilient names that's setting up beautifully. That's exactly what caught my eye with Home Depot (NYSE: HD). The scanner lit up showing multiple squeeze formations, and when I dug deeper, the technical picture got even better. While the broader market took a hit, HD stayed in the green, demonstrating impressive relative strength that demands attention. And if you know me, when I see the scanner highlighting multiple compression signals combined with relative strength, that's when I start paying very close attention. Technical Setup Trump's "Document 20" Revealed: Smart Americans Could Get Rich Details on a special dossier written by President Trump himself have just been revealed. One top investment expert expects this explosive document could soon send the market into a Second Trump Stockwave. The last time this happened, stocks surged as high as 3,480% in 4 years. See if stocks could soar as much as 1,000%+ if history repeats itself. Squeeze Formation The compression I'm seeing in HD is particularly intriguing. We're currently observing squeezes on both the daily and 78-minute timeframes - a powerful combination that often precedes significant moves. Think of it like a pressure cooker building steam. The simultaneous compression across these timeframes suggests energy is building beneath the surface, and when it releases, the move could be substantial. What makes this setup even more compelling is its occurrence near the 52-week high of $421.56. When compression happens at these levels, it often indicates accumulation rather than distribution. EMA Configuration The EMA structure on HD is picture-perfect. The daily and weekly EMAs are stacked in bullish formation, with shorter-term averages riding above longer-term ones - a classic sign of strong trend structure. This orderly arrangement of moving averages creates a series of dynamic support levels, giving us clear areas to manage risk. Relative Strength Friday's price action told us something crucial about HD. While the broader market struggled, HD maintained its positive trajectory. This kind of relative strength, especially during market weakness, often signals institutional accumulation and underlying buying pressure. When a stock shows this kind of resilience near major resistance levels, it often suggests that: Large institutional buyers are willing to defend their positions Sellers are unable to push prices lower despite the broader market weakness The stock has potential to break through resistance once market conditions improve This combination of relative strength at highs, coupled with our squeeze setup and stacked EMAs, creates a compelling narrative for potential upside movement. Company Snapshot Home Depot stands as America's largest home improvement retailer, recently beating Q3 expectations with $40.2B in revenue. Their consistent execution and strategic initiatives in both professional and DIY segments continue to drive results. Catalysts Strong Q3 earnings beat Robust operational execution Strategic market positioning Technical setup suggesting potential breakout Your Action Plan I have not initiated a position in HD yet, but it was on that I have on my radar this morning. If I do play it, I will be using options to express my position, likely buying call options. Remember, setups like this - where technical strength aligns with relative strength - are exactly what we look for in our trading. Want to spot setups like this faster? The S.A.M AI Scanner does the heavy lifting for you. Click here to learn more about how it can transform your trading. The 'Law and Order' Portfolio: Trump Stocks Set to Surge Source: Wikimedia Commons These defense and security stocks could EXPLODE during Trump's Second Stockwave... Thanks to a special plan outlined in Trump's "Document 20" that aims to secure our border and make America safer. Click here to see details on what stocks could soar. Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. 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