Home Depot $HD has shown resilience in 2018 after a sharp pullback from almost $208 to just above $170. This was in line with the rest of the market's surge in November-December and subsequent pullback in February. During this pullback, price stayed above the 200-day simple moving average (SMA), a sign that the overall trend is still bullish. Furthermore, HD was able to push above a key resistance around $191.25 while lifting the daily RSI above 70, a sign of bullish momentum.HD Daily Chart(click to enlarge)Bulls in Charge?- Because the overall trend is still bullish, we can say that HD is still in a bullish market. - If this is indeed the case, we should see support when the recent pullback brings price down to $190 area. - This is the area of a previous support/resistance pivot. We also have the 50-day SMA around $190.- Meanwhile, we can anticipate support when the RSI is around 40, which should coincide with when price approaches $190.- We should therefore look for some buying around $188-$190 area IF the market is indeed still bullish. - Don't worry if the rising trendline since April gets broken. This might reflect a period of consolidation, but would not necessarily open up the bearish outlook.- A break below $184 on the other hand would take away my confidence for the bullish scenario. - But ultimately, unless price breaks below $180, I am still bullish on HD and looking for price to clear back above $200 and at least challenge the high just under $208, with a good prospect of pushing higher.