12.01.2015 - Quotations of Home Depot continue to move in an uptrend

The stock price of Home Depot continues to grow inside the rising channel, but at the moment is corrected downwards. As part of the correction, quotations may reach the level of 102.00 and 100.00, as well as to reach the bottom of the channel. In case of breaking through the level 100.00, the price may fall to 96.00 and 93.50. We expect further growth of quotationswith the target near 116.00 and 120.00. The medium-term outlook is positive.

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