Home Depot Inc. is heading towards the resistance line of a Rising Wedge and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
A quick move expected on Home Depot Inc. as it starts approaching a resistance line of a Rising Wedge
