Home Depot Wave Analysis – 24 September 2026Home Depot, Inc.BATS:HDFxPro– Home Depot broke key support level 305.00 – Likely to fall to support level 285.00 Home Depot (HD) recently broke through the key support level 305.00 (which previously stopped wave 2 in June) while continuing to fall within the daily down channel from August. The breakout of the support level 305.00 accelerated the active minor impulse wave 5 that belongs to intermediate impulse wave (3) from August. Given the strong downward trend, Home Depot stock can be expected to fall further toward the next key support level 285.00 (former low of wave 1 from May) – target for the completion of the active impulse wave (3).