Use advanced tools to confirm the Bullish Flag on HD before you trade.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Bullish continuation pattern.
Sideways movement between parallel supports.
Market participants tracking Home Depot (The) should note the latest formation. Price has moved to $391.21 (0.25%) amidst recent volatility. Price action has carved out a classic **Bullish Flag**. This setup is supported by average volume turnover. A potential breakout level is identified at **$397.63**, targeting **$466.02** with support near **$378.2** (R:R 3.52).
What is your outlook on HD?