Home Depot Inc

HD is currently in an early Stage 1 accumulation base within a lasting uptrend. Medium-term bias is bullish, supported by rising EMAs and price stabilizing above the 50 DMA, but short-term exhaustion signals and price extension above the 9/21 EMA suggest waiting. Stalk for a shallow pullback into the 9/21 EMA zone or support near the 50 DMA before engaging.

• ↑Q1 revenue of $41.8B (+4.8% YoY) and comps up 0.6%.
• ↑GMS acquisition enhances pro distribution and multi-category product reach.
• ↓Operating margin slid to 11.9% from 12.9% YoY, squeezing earnings.