At the beginning of this month, the stock quotes of The Home Depot Inc., the largest home improvement company, resumed growth after correcting to a long-term uptrend: quotes reversed from the level of 328.12 (Murrey level [3/8]) and are now testing the 343.75 mark (Murrey level [6/8]), the breakdown of which will allow to continue moving up to the upper the borders of the main Murrey trading channel are 375.00 (Murrey level [8/8]) and further into the reversal zone to the level of 390.62 (Murrey level [+1/8], the area of annual highs). 

Shares of The Home Depot Inc., the world’s largest home improvement company, are trading at 340.00.