TECH Buy 22.03.2024 13:27
The Home Depot Inc.: Murrey Analysis
Shares of The Home Depot Inc., a major home improvement company, have been growing for the fifth month, with the price now moving into the positive portion of Murrey’s trading range and holding above the 390.62 pivot point (Murrey’s [6/8] level), which will allow it to reach the upper line of the trading range 406.25 (Murrey level [8/8]) and then the pivot level of 421.88 (Murrey level [+2/8]).
Indicators
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy