Expect violent rallies after each level of support is broken. This is typically the case after a stock has had such a strong, steady gain.
There are 10-days of trading action at 67 and 13 days at 67.50 so that is the most important resistance besides the gap-resistance at 66.50. There are 8-days of trading at 66.50 which is roughly today's high. Any of these levels should keep a lid on HD shares.
Risk $3/sh. Reward $9.
1:27PM EST Mon, Feb 25, 2013