|3month daily chart $WMT|
$HD Home Depot, could be a potential move for obvious reasons. Home Depot is the national standard for home improvement followed by $LOW Lowe's. Both these companies are going to be the go to for personal repairs and renovations, along with the contractors insurance companies hire to do the work they are obligated to provide. You're going to want to keep an eye on all three of these stocks to look for movement in the pre-market, DON'T CHASE THE STOCK. Like I said above, the move is either there or it is not. Review the technicals, be aware of the market trend, and any stock related news prior or during market hours.
As you can see in the $HD chart, you might say it looks some what bearish, looking to test the 50day at 59.11, current stock price is at 60.04. We want to see bullish pre market action Wednesday morning for a set up. Three near term resistance points to keep an eye on are 60.31, 61.06, and 61.89.
|$HD 3month daily|
$LOW 3month chart you see moderate growth of the stock perform with the market, or some what bullish. The past couple days have started a short term down trend below the 20day, so you want to be looking for it to not only break that down trend, and break above the 20day, but also break through resistances 1, 2, and 3. The stock price is 31.36, and the resistances are 32.16, 32.40, and 32.62.
Good luck to all.