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Home Depot (HD) May 4, 2015 preview

Author: Trading Strategist Published Date: 2015-05-03

Home Depot shares penetrated both their 50-DMA and 100-DMA in the last sessions. The long-term uptrend has stalled and there is some reversal danger here. Slightly bearish.

HD (6 months)

hd

Chart courtesy of StockCharts.com. http://stockcharts.com

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