Technical Analysis Of Home Depot Inc.
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Today’s instrument is Home Depot Inc.‘s stock traded in the NYSE exchange under the ticker HD.
Looking at the HD‘s chart, we see that it was lastly traded at around $288.70.
Home Depot is announcing its quarterly earnings today, and if the market’s expectation is positive, then the stock’s price could rise to test its resistance level at around $300. On the other hand, it should drop toward its support level at around $280.
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