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HPQ is tightening its range within the triangle. I'm expecting a run if it can break the trendline above.
Could have a quick reversal trade coming soon. Have been seeing divergence on both the Klinger and the RSX. With the overbought nature of the RSX, coupled with the breakthrough of the upper Bollinger band and a gravestone doji at its 52 week high, this has the potential to reverse quickly especially if we begin to see a narrowing of the bearish/bullish averages of...
Ascending triangle formed after a 9-month modest rally. Multiple new support confirmation over the past few days. Support has been broken in a few occasions. However, I still feel that the risk/reward ratio is acceptable. - Target Entry $24.30 - Target Stop Loss $23.81 - Target Exit $28.01 About me - P/L: Oct-Nov-Dec Trading Suspended | September +49.18% |...
Breaking above pivot resistance pre market. RSI bullish reversal. 7 & 12 MA's rise in strong support. Fibonacci and horizontal targets = $24.50 & $24.85 $25.75 Major resistance (target)
Welcome back Traders, Investors and Community! Analysis of #HP INCORPORATION If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bearish BAT With potential Max R/R 2.63% A...
The PEAD projected a slight bullish outlook for $HPQ after a positive over reaction following its earnings release placing the stock in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Huge Bull=-flag breakout formed Possible breakout from a 13 year pattern, Impressive earnings and guidance. Indicators in bullish reversal. Todays report may attract some new investors.
Has historically bounced off the 50MA since June. 50MA crossing over 200MA Bounced off previous support on 8/18
HPQ is in a rising wedge on the monthly chart looks to have completed Wave 4 during early March. It has been in a channel and looks to have finished wave 4 and is heading into wave 5. Targeting $20 and $21.
I'm bullish on HPQ. I think it will reach 21 dollars per share sometime in the next 2 weeks. Company posted good earnings.
HP as a whole, posted $1.2 Billion net income for the entire year last year. The company just posted it's Q3 Financials, and posted an insane QUARTERLY profit of $734 Million! Stock price is already up in pre-market about 5%, this could cause enough hype to accelerate the steady bull run the stock is on, up to its pre March price.