Long

HPQ: Long term proposition?

Updated

HPQ traced a quarterly time at mode trend signal, with two possible long term targets: 26.31 and 29.59.
Right now we're at a significant earnings support level, so we can go long risking $1 per share. I wouldn't use a stop loss here. Alternatively, you can size this trade as a long term position, entering gradually over a few days, investing 1-2% of your capital in it.

Good luck!

Ivan Labrie.

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Excellent progress here, hold, you may even add to the position.

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s3.amazonaws.com/tradingview/snapshots/r/rSCb0d0v.png

Awesome! Hold.

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I'm doubling up here and placing a stop at 15.48.

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Last: 15.65

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Got trailed in profit, then reentered a couple days ago and closed now.

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I'll reenter soon. Trend is up.

Trade active

Reentered today, here: 15.82
Goes ex-div on Monday.

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This is a monster trend, try to ride it, buy dips.

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I'd bank some gains here, and reenter on dips.

IvanLabrie

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