For last week Home Depot’s shares were looking quite below the market: the entire growth of the first half of March is leveling, and the price again tests support at the level of 300.
This important support level hasn’t been broken immediately, and the buyers can try to retake the initiative. In case of reversal, a gap on the level of 324 will be the next goal.
If the point of 300 won’t stop the "bears", the decrease continues till the next important level — the maximum of 2020 near 292.
This content is for informational purposes only and is not intended to be investing advice.
