Today's Chart of the Day is
Home Deport (HD) Home Depot was one of the darlings of the market from December rising 46% in just 5 months. Then as the market turned in May so did HD, it pulled back with the market but was able to climb out. June through August saw HD consolidate and traded sideways. The breakout came on high volume a good sign institutional traders are piling in. With signs the housing market is moving up HD should see similar trading action.
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Disclaimer: This article is intended to be informative and does
not constitute a buy, hold, or sell recommendation., and should
not be construed as personalized advice as it does not take
into account your specific situation or objectives
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