HOME DEPOT INC (HD-NYSE): Technical Viewpoint: From a low of $44 1/8 on May 24, 2000 prices rallied, reaching a high of $54.00 on Jun 2, 2000. A decline saw prices pull back, reaching a low of $45.00 on Jun 12, 2000. Another rally saw prices penetrate resistance, closing 7/7/00 at $55 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 7, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $50.00. Resistance: Is at $56 7/8. Point & Figure: Reversed to the upside on Jul 6, 2000. A P&F upside reversal takes place at $51 1/4. Summary: Technical indicators have turned bullish. BUY! HOME DEPOT INC (HD-NYSE) @ $56 1/8 Stop: Use a protective stop of $53 5/8. HOME DEPOT INC is currently trading @ $55 1/2 plus $4 1/4 on Jul 7, 2000. Price Objective: $75.00. Risk/Reward: $2 1/2 VS. $18 7/8. Today's Risk Reward Ratio: 7:1