Home Depot (HD) Stock Rises After Earnings—Is a Breakout Next?

TLDR Home Depot reported adjusted Q2 earnings of $4.92 per share, beating the $4.71 consensus estimate. Quarterly revenue reached $47.86 billion, topping expectations and rising from $45.28 billion a year earlier. Home Depot stock reclaimed its 50-day moving average at $338.24 after the earnings release. Shares are testing key Ichimoku Kijun resistance near $340.71, which [...]

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