Home Depot, Inc. (The)

Pattern Double Top

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The figure shows the formation of the double top at points A and B. Point C represents the pivot point of support. The change in trend in the breaking of the pattern is clearly observed, before point A is ascending, from point B it is descending and even breaking the support line. Similarly, in the change of trend from point B, a high volume in operations is observed. The data is associated with Home Depot during the month of July of this year.

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