Home Depot Inc. has broken through the support line of a Triangle. It has touched this line at least twice in the last 8 days. This breakout indicates a potential move to 315.34 within the next 10 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
If you’re short XOM you should be aware that 112.4750 has just been breached – a level tested 3 time in the past
XOM has broken through a resistance line. It has touched this line numerous times in the last 27…
PFE has broken out from the Triangle pattern. Expect it to hit 23.7906 soon.
The last 46 4 hour candles on PFE formed a Triangle pattern and broken out through the pattern…
After experiencing 4 consecutive 4 hour bearish candles in the space of 5 days, nobody knows where INTC is headed.
Due to the rate of consecutive bearish candles on INTC 4 hour chart we could be in for…