Home Depot Inc. has broken through a support line of a Rising Wedge and suggests a possible movement to 206.41 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 36 days.
Related Posts
Large bullish move on INTC.
INTC posted a high rate of consecutive bullish candles on the 4 hour chart.
Important support line being approached by NKE. This price has been tested numerous time in the last 20 days
NKE is approaching the support line of a Falling Wedge. It has touched this line numerous times in…
It’s time to make a decision on META – its recent breach of 769.2950 could be a sign of a new trend to follow.
The price of META in heading in the direction of 761.5640. Despite the recent breakout through 769.2950 it…