$HD TOP 20
Added 2023-06-20 00:53:29 +0000 UTC$HD is having a difficult time trying to break above the 0.38 Fib and holding above $303, it has tested the resistance level 3 times now and rejected but each pull back has been saved by the 200 Day MA which is drifting just below.....so clearly there is a battle between the bulls and bears.
Those who believe the housing market will be affected by tightening liquidity issues and those that see value in $HD as a trade and investment, both sides have a valid argument.
I think I break above the 0.38 Fib at $303 and the bulls will get it and it is confirmation of the impulse wave 3.
