On 18FEB, HD
bounced off the linear support and SMA200. Next day produces a bullish hammer
candle. From this point there is evidence to argue bullish
. The EMA50 seems to be a strong resistance (12JAN, 29JAN-03FEB) for HD
and could be a cap for bullish trend
has been presenting. Additionally, the past three days have shown relative highs accompanied by lower lows. There is not a lot of space between resistance and support for HD
. Which level will end being stronger?