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