Hubert Senters here.
Let’s take a look at Home Depot so symbol is HD. We do have a one day break out here now depending on your style of trading Ichimoku. You can use several different styles and approaches and stuff like this.
This would be an aggressive buy. You do have ADX as above so that qualifies it. And the lagging line although not across the cloud you can wait for it if you want to or if you’re okay. One close is good enough for me. Knock yourself out.
So an aggressive tap style trade for a swing trade it would be long at $189.79, stop would be at $186 and your target would be up here in the area of about $203. Okay. So take a look at Home Depot to either your portfolio or your watch list or for next week to trade potentially on the long side.
Good luck. Hope it helps. Have a great weekend and I’ll see you next week.
Hubert.