Flat movement of Home Depot

04 may 2022 77
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
Load the latest quotes
Full screen

Since the end of March, the Home Depot stocks has turned flat, with the upper level of 320 and the bottom level of 294. In addition, there is practically no reaction to the general market dynamics, with any strong moves being delayed until a solid breakout of one of the levels.


Since there aren’t any new price drivers, it might be effective to trade aiming to bounce from one of the levels and move to another one.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
Comments
New Popular
Send
Commenting rules

Subscribe to our newsletter and stay up to date with all the news!