I’m quite certain that Masco (MAS) was trying to run before I could post this chart below. Don’t chase it – wait for it to drop back down to $14.26 before considering a long position. As for Home Depot (HD), I was actually long in it up until last week, and got out for a flat trade. But since then, it has setup nicely for a short trade.
Here’s the Daily Long & Short.
LONG: Masco (MAS)
SHORT: Home Depot (HD)
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