Others say the company will earn $1.18 a share, continuing the earnings winning streak. Home Depot is a component of the Dow Jones Industrial Average, which is up 2.5% year to date ending Friday with a close of 18,272.56 just below its all-time intraday high of 18,288.63 set on April 27. Home Depot is outperforming the Dow 30 with a gain of 8% for the year to date. Let’s look at the daily and weekly charts for Home Depot and provide the key technical levels at which to buy on weakness and the key technical levels at which to sell on strength. Investors not familiar with technical analysis should begin with the notion that a price chart for a stock shows a road map of past price performance, which provides guidance for predicting future share price direction.
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