Jul. 3 at 7:38 PM
$HD
* **Current Price:** \
$371.68
* Price is consolidating just under the **major resistance** near \
$373.94.
* The 50EMA (blue) has **crossed below** the 200EMA (orange), signaling a longer-term bearish trend bias.
* However, price action is starting to build higher lows off the \
$341–\
$352 zone, indicating a potential short-term **base** forming.
* Daily candles are struggling to close cleanly above both EMAs, signaling indecision and tight compression.
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### 📐 Support & Resistance Levels
**Support Zones:**
* \
$364.94 – Near-term support and EMA compression zone
* \
$352.19 – Key horizontal support
* \
$341.37 – Prior base and breakdown retest
* \
$326.49 – Major support area from previous lows
**Resistance Zones:**
* \
$373.94 – Critical resistance level to reclaim
* \
$389.86 – Major prior pivot
* \
$394.31–\
$406.04 – Wider resistance cluster
* \
$420.61 and \
$430.10 – Upper breakout zones if strength sustains
