The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 16.15 • Take Profit Level: 15.15...
HPE looks like it has hovered around $14 for a while in this chart....what gives?
H&S target is not reached yet so I'm expecting another wave up. Buying blindly and looking to take profit this year. We might see prices around 50 in June, 2015
The 50MA has provided an almost unbreakable support for HPQ since the beginning of the year. Although the stock has consolidated the past week or so I see the rally to continue in light of earnings on the 20th towards the $37 price.
The Hewlett Packard (NYSE:HPQ) Daily Diagram Technical Analysis Training shows the following: The HPQ share has made a long term development with the support of the trend line (light blue). This support line is over the KUMO, which means that the HPQ is bullish in long term (from January 2014). The weekly diagram shows bullish trend. The monthly has got itself...