Home Depot

quite the run w/ regard to HD.

here you’ll see some projections and extensions (3.142 and 4.236 respectively) showing the ‘why’ behind the current resistance. would watch a weekly close below the red trend lines as a signal that a deep correction is/had unfolded.

as you can see by my count, I’m seeing this as 3 so after this correction it ‘should’ roll to new highs.


Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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