HOME DEPOT INC (HD) NYSE - Jan 24, 2013 (SIA Daily Stock Report)

SIA Charts Daily Stock Report (siacharts.com)

The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.

Note: Subscribers can screen all Canadian and U.S. stocks and mutual funds, or as components of equally weighted mutual fund sectors indices (e.g. Income Trusts, Precious Metals), and fund groups by issuer (eg. AGF, Dynamic, Franklin Templeton), all Canadian ETFs, ETF Families by issuer (iShares, Horizons, BMO) or as components of Equally Weighted ETF Sector Indices (e.g. 2020+ Target date, Cdn Equity Lg Cap), and create and monitor their own, or SIA's existing model portfolios. Finally, subscribers benefit from being able to generate BUY-WATCH-SELL Signals on demand with SIA Charts proprietary Favoured/Neutral/Unfavoured, SMAX scoring algorithm (see green-yellow-red graph 1 below).

HOME DEPOT INC (HD) NYSE - Jan 24, 2013 (SIA Daily Stock Report)

GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone

HOME DEPOT INC (HD) NYSE - Jan 24, 2013 -  Home Depot (HD) has recovered from its recent brief pull-back and moved to new all-time highs. HD is up 75% since entering the Favored zone in November of 2011 and is now in the 4th spot of the SIA S&P 100 Report. Overhead, resistance is found at $70.04 and target resistance at $82.06. To the downside, support can be found above $60.97 and at $55.23.

844_4_20130123_302813_0_0_61376

On November 14, 2011, Home Depot (HD) moved into the Favored Zone of the SIA S&P 100 Report, in 23rd spot. Having just broken through resistance, its next potential target at $43.74, the high from 2002. To the downside, support was at $35.10 and again at $32.50.

302813_NORMAL_20111114_200_1_NFC_844_844

January 23, 2013 - Home Depot (HD) has recovered from its recent brief pull-back and moved to new all-time highs. HD is up 75% since entering the Favored zone in November of 2011 and is now in the 4th spot of the SIA S&P 100 Report. Overhead, resistance is found at $70.04 and target resistance at $82.06. To the downside, support can be found above $60.97 and at $55.23.

844_1_20130123_302813_0_0_5904406

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