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Monday, April 28, 2008

The Home Depot Inc (NYSE:HD) Reversal


After starting to sell off/ downtrend last July, The Home Depot Inc (NYSE:HD) looks to be setting up to reverse course. A break of 30.50 with heavy upside volume in HD would indicate a double bottom break. When HD breaks 30.50 with heavy upside volume I would look for it to rally to 35.50.

Happy Trading

Keith Greff Jr
Trade Analyst
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