13.07.2016 - Shares of Home Depot may continue correction

Price of Home Depot corrected sharply after has reached the resistance at 138.00. In case of breaking through the inclined support line there is a high probability of reduction of quotations to 131,50 and 128,00. On the other hand, overcoming at resistance 136.00, the growth will continue to 142,00 and 145,00. We expect continued growth in prices in the medium term, but do not exclude short-term correction.

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