Home Depot Inc. has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 39 days and suggests a possible target level to be around 322.03 within the next 3 days.
Home Depot Inc. – breach of a trending resistance line that has been tested at least twice before.
