After a bullish trend in 2017, Home Depot $HDhas been in correction mode in 2018 after getting rejected at $208 a share in January. The daily chart shows that price came all the way down to just above $170, and held above the 200-day simple moving average (SMA). This suggested that the overall trend is still bullish.
Home Depot (HD) Retreats from Key Resistance; Now Let's Monitor $180
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