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The Home Depot, Inc. Message Board

  • stockconsultant_com1 stockconsultant_com1 Nov 13, 2012 10:51 PM Flag

    HD confirmed breakout above 63

    strong just keeps on moving higher...

    source StockConsultant website

    BREAKOUT CONFIRMED breakout above 63, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 66.78, 5.4% Stop: 61.9, Loss: 2.3%, Profit/Loss ratio: 2.3 : 1 - Good

    CURRENT PRICE 63.38, just above resistance, 62.22 ± 0.81, type triple, strength 9

    RESISTANCE ABOVE None.

    SUPPORT BELOW -1.8% at 62.22 ± 0.81, type triple, strength 9
    -5.7% at 59.79 ± 0.78, type triple, strength 3
    -9.8% at 57.17 ± 0.74, type double, strength 2
    -15.9% at 53.32 ± 0.69, type triple, strength 7

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