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After testing 268.50 numerous times, Home Depot Inc. is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of Home Depot Inc. towards 268.50 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 15 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Important price line being approached by Light Sweet Crude Oil FEBRUARY 2021. This price has been tested numerous times before.

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