In what could be a good sign for housing and the economy, Home Depot (HD) exceeded its summer highs and hit a 52-week high. Home Depot is an interesting company because can be considered part of the housing industry and the retail industry. These two industries are very important to the consumer discretionary sector and this is the most economically sensitive sector. The chart below shows HD getting its first higher high with the November surge and break above 130. The stock then stalled with a small wedge/pennant and broke out with another surge in December.