HPQ to find buyers at trend of higher lows?HP Inc - 30d expiry - We look to Buy at 28.36 (stop at 27.16)
Price action has formed a bullish ascending triangle formation.
The sequence for trading is higher highs and lows.
Trend line support is located at 28.30.
Previous resistance at 28.50 now becomes support.
A lower correction is expected. We look to buy dips.
Our profit targets will be 31.36 and 31.86
Resistance: 30.50 / 31.47 / 32.00
Support: 30.00 / 29.20 / 28.30
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