Home Depot bounces off EMA20: first week in profit

Home Depot opens a buy signal in its first week with a positive confirmation: a 6% bounce off the daily EMA20 in the 329 area, bullish intermediate weekly structure, +4.4% from entry. The setup quality index stands at 67 out of 100, in tension; signal strength is medium at 66 out of 100. The Consumer Discretionary sector is in a phase of weakness — a challenging backdrop, but the setup holds.