HOME DEPOT INC (HD-NYSE): Technical Viewpoint: From a low of $42.65 on Nov 28, 2001 prices rallied, reaching a high of $50.40 on Dec 5, 2001. A decline saw prices pull back, reaching a low of $47.15 on Dec 13, 2001. Another rally saw prices penetrate resistance, closing 12/14/01 at $49.81. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 7, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $47.50. Resistance: Is at $50.40. Point & Figure: Reversed to the upside on Nov 7, 2001. A P&F upside reversal takes place at $48.50. Summary: Technical indicators have turned bullish. BUY! HOME DEPOT INC (HD-NYSE) @ $50.13 Stop: Use a protective stop of $47.63. HOME DEPOT INC is currently trading @ $49.81 plus $1.81 on Dec 14, 2001. Price Objective: $63.75. Risk/Reward: $2.50 VS. $13.63. Today's Risk Reward Ratio: 5:1