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.
This content is for informational purposes only and is not intended to be investing advice.
