Stocks to look at (Home Depot, NYSE : HD)

The Home Depot, Inc, a home improvement retailer. Home Depot sells an assortment of building materials, home improvement and lawn and garden products and provide a number of services. As of January 31, 2010, it had 2,244 The Home Depot stores located throughout the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam (U.S.), Canada, China and Mexico.

The stock is recently form a support and currently challenging the 32.00 resistant level. A significant breakout above the 32.00 level would call for a buy on the stock. Support at 26.50 and resistant at 32.00.