Home Depot Inc. has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 271.81 can be expected within the next 6 hours.
ARTÍCULOS RELACIONADOS
A Channel Up has formed, PFE is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
PFE is heading towards the resistance line of a Channel Up. If this movement continues, the price of…
CVX has broken through a resistance line. It has touched this line numerous times in the last 22 days.
A strong resistance level has been breached at 145.1700 on the 1 hour CVX chart. Technical Analysis theory…
Important support line being approached by INTC. This price has been tested numerous time in the last 49 days
The movement of INTC towards the support line of a Channel Up is yet another test of the…