The chart included here is of The Home Depot Inc. (Ticker: HD).
The orange line is an exogenous data driver of price, forecasting the stock price will remain under pressure until late September. The recent run has been bullish, so a selloff, if any, may only be minimal.
Beginning on 9/20 and terminating on 12/12 is a 95% win rate Blue Wave forecast with a target ROI of 9-11%.
Note: Although the leading data (orange line) shows price stabilization in September and only modest lift into year-end, expect Home Depot’s stock to play out in terms of ROI as put forth by the Blue Wave forecast. The results will be published mid December alongside the original forecast here in this post.
