The breakout of Home Depot Inc. through the 327.74 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Home Depot Inc. to test 331.51 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 327.74 numerous times, Home Depot Inc. has finally broken through. Can we expect a bullish trend to follow?
