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Breach of support could mean a start of a bearish trend on Home Depot Inc.

Home Depot Inc. has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of Home Depot Inc. to test 260.02 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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We expect NKD to trend downwards today with a 85.71% chance.

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