HD is one of my current core holdings that I averaged into during the crash last year. I have always liked the company fundamentally, and even have had success trading options on the stock as well. HD is above the golden fib (strong momentum) and has risen despite market turmoil. Even though tech is the favored sector right now HD has continued to rise. There simply is a shortage of housing in America, Warren Buffett is bullish on home builds, HD indirectly benefits from this since its the main source of products for new homes. If HD stays in the channel I believe we see 400$ in Q2. I also believe people will slowly flock to value this year as they realize that the Mag 7 are clearly overvalued.