Breach of support line imminent by Home Depot Inc.
Home Depot Inc. is moving towards the support line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Home Depot Inc. continues in its current trajectory, we can expect it to reach 230.85 within the next 10 hours.
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