Shares of Home Depot Inc., the largest home improvement company, are trading at 357.00.

The possibility of growth remains.

On the daily chart, the third wave of a higher level (3) and wave 5 of (3) are developing, while on the four-hour interval, the fifth wave of a lower level v of 5 is observed, within which wave (iii) of v is being built. If the assumption is correct, the asset’s upward dynamics will continue in the area of 345.00–370.00. The level of 285.00 is critical and stop-loss for this scenario.