Intraday Technical Analysis Of Home Depot Inc. - Tuesday, Feb. 21
Hello Traders and welcome to AAATrade’s Intraday Technical Analysis session.
Today’s instrument is the Home Depot Inc.‘s stock traded in NYSE exchange under the ticker (HD).
Looking at the HD‘s chart, we see that it was lastly traded at around $318.
Home Depot is announcing its quarterly earnings today, and if the market’s expectation is positive, then the stock’s price should rise higher to test its resistance level at around $330. On the other hand, it could dip towards its support level at around $310.
More By This Author:
Daily Technical Analysis Of EURUSD - Monday, Feb. 20
Intraday Technical Analysis Of Walmart Inc. - Monday, Feb. 20
Daily Technical Analysis Of EURUSD - Friday, Feb. 17
Disclaimer: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...
more
Comments
