$HD | Home Depot is setting up for a legit technical opportunityHome Depot, Inc.BATS:HDNTDCinvestmentsHD might be one of the best setups I’ve stumbled across in a while and the timing is almost perfect. I can't wait to play this trade out! Price is above the 20D (yellow) and 50D (purple), sitting just under the 200D (green) at $346.48, while RSI is only 52. We are catching key technical indicators as they are confirmed. And at the same time, the chart is compressing into a tight triangle right at resistance. Then you add the quarter: $4.92 EPS vs. $4.73 est. $47.86B revenue vs. $47.24B est. Guidance reaffirmed. This is exactly the kind of setup I want to find before the move happens, not after. Levels: Buy 1st Contract Set: $346.50 (reclaim 200D) Buy 2nd Contract Set: $350–352 (breakout trigger) First Major Target P1: $358–360 Next Major Target P2: $374–375 If HD clears $350–352 with volume, this could be a seriously clean breakout. Great quarter. Great structure. Perfect timing. LFG!