Home Depot: ⬇️ Sell
– Home Depot broke support zone
– Likely to fall to support level at 340.00
Home Depot recently broke the support zone located between the support level 352.00 (low of wave A from April) and the 61.8% Fibonacci correction of the ABC correction (2) from April.
The breakout of this support zone accelerated the active impulse wave 3 of the intermediate impulse wave (3) from May.
Home Depot can be expected to fall to the next support level at 340.00 (former support from the middle of April).
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