$HD is just approaching our First Target now $375, so we may expect some resistance here before it will move up to complete its move to the Second Target at $421.
I believe that any rejection from $HD at the First Target and a pull back back to the wedge breakout is a buy but I find this unlikely to happen, but something to bare in mind if the opportunity presents itself.
A consolidation sideways at the First target is likely next before moving higher.
Tamas Vlad
2024-02-23 16:22:49 +0000 UTC