Home Depot (HD) Message Board

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Non-Tech : Home Depot (HD)

HD 358.10

-1.2%

3:59 PM EST

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To: Brett Nelson who wrote (104)	3/8/1998 3:01:00 PM
From: Richard Wang	Read Replies (1) of 1169

HD has been short, intermediate, and long term positive for about a year, with price more than doubling. The trends remain bullish. To retain short term bullish trend, HD needs to get over 68, and then would likely to get to your target of 70-71. In that case, all trends would remain bullish. If HD should stall at around 68 and fail to get over 70, caution would be advisable. Sorry I didn't add any fundamental outlook, which has been good, and apparently remains good. Richard

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