Today we will take a look at HOME DEPOT (HD) and do a quick stock analysis on the charts. As we look at the technicals, this will give you an idea of when the stock might bounce, hold support, or have more trouble spots. After the recent earnings release, HD (Home Depot) is having a massive sell-off and struggling to hold its recent high stock price.
Depending on your investment outlook, you could be a buyer or a seller of HD. Make sure you are careful on HD as this stock can whip you around if you don’t define your risk.
