Home Depot Inc. is quickly approaching 268.55. We expect either a breakout through this line, or a rebound.

Home Depot Inc. is heading towards a line of 268.55. If this movement continues, we expect the price of Home Depot Inc. to test 268.55 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.