Home Depot may rise to 373.00 - 380.00

333 is our pivot point.

Our preference

Our next up target stands at 373.

Alternative scenario

Below 333, expect 321 and 314.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is above its 20 and 50 day moving average (respectively at 333.395 and 338.7032).

Supports and resistances

388 **

380 *

373 **

366

344.14 (USD-last)

338

333 **

321 *

314 **

Number of asterisks represents the strength of support and resistance levels.