HPQ - SMA20 & 50 cross and support + UpgradeChart speaks for itself. Play the breakout and price confirmation above $34-35 to reach new high if we consider the recent analyst upgrades and concensus.Longby B33tcoin332
HPQ: Great Set Up for Both Bull and BearThis chart is very interesting to me. First check out that near perfect triangle formed by the resistance and support lines. I think this is going to set up a great trade in the bottom right of the triangle. For now now HPQ has a little room to run to the 34 area before butting into the trend line and turning back down to test the support region of $31-32. That alone could be a nice $2 short trade, but I am more interested in the potential set up afterwards. Interestingly enough the timing can set right in line with the earnings announcement at the end of May. At that point if your bullish HPQ you can buy in the support zone of 31-32 with a stop at 30.74-29.97 depending on your appetite of risk. If you are bearish, simply flip the buy and stop zones. In other words short it at 30.74-29.97 and place your stop in the 31-32 range. It comes down to if you believe in the company or not. A couple quick notes on the fundamentals of the company that I would like to point out. YOY EPS showed growth, but revenue dropped and is expected to drop again in the second quarter. The most alarming stat to me is the fact that cash flow per share dropped from 1.54 to just .40. Thats right FOURTY CENTS. Thats huge. The case for the bulls is the bar is set so low that it wouldnt be hard for HPQ to show up with a surprise. Again it comes down to your own analysis and whether or not you believe in the company.by Ape0
Massive Top Formation in Hewlett-PackardThis chart speaks for itself. Any additional thoughts? Tim 32.60 1:23PM EST Shortby timwest338
(LIVE TEST) - STEVE PRIMO #8 SETUPS (DAY 3) HPQ - scanner picked up, there is an error in the code, possibly in my scanner or in TV. PFE - Long setup MU and PG Short setupby UDAY_C_Santhakumar0
HPQ Long Trade Plan Based on DemandSame reasons as AXP trade... With the S&P trending up and at weekly demand, and HPQ basically mirroring it, having pulled back to an objective level of weekly demand from the pivot low in mid oct 2014 where price rocketed off. I am hoping that there will be some unfilled buy orders or a large enough supply/demand imbalance to push price higher. My entry on this trade will be a tick above 38.00 Should it trigger I will use a time stop as IMHO if momentum doesn't step in shortly it probably isn't there.Longby QdogHot1
HPQ - Will it get it's legs back?The volume has been on the low side recently. The EMA’s are headed higher with bullish separation and angle. The SMA’s are headed bullish. Stochastics are giving a buy signal in the (slight) overbought territory, but they have room to move if needed, RSI is headed higher and isn’t oversold quite yet and MACD is catching up with itself to eek out a sell signal, but right now it hasn’t. BB are converging and looking to be broken if the trigger is hit. ADX is resting around 33 with room to run. R:R would be almost 1:1.5. Trigger $38.30 Stop is $35.98 (could get away with $36.54) Target is $41.50. Not a good R:R. by Therealaleech330
A fractal from Palo AltoChart looks to be tracking an expanded version of the 2006-07 cycle. A Mandelbrot, chained in an action/reaction downtrend, which has just been tested. Swings since October 2013 are practically the same, as the inv h&s is completed now. What's impressive is the coincidence of the upcoming earnings, today AMC.Shortby Ecantoni5
Sell Zone in HP after breaking down two ascending channelsThis setup is part of the Weekly Markets Analysis newsletter - goo.gl $HPQ experienced a strong breakdown of its trading channel in the Mid October sell off. Since than the stock bounced from the 200 SMA line (see in the blog post) and traveled inside a very tight ascending channel all the way to test the 37$ resistance zone. Last week the stock broke down below the tight channel. Despite the latest push higher, the stock is still testing broken channel and important resistance zone - That gives us potential sell zone. Shortby themarketzone2
Hewlett-Packard: Buying The DipH&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 Longby MagnusTradingGroup772
HPQ set up for diagonal grids (disjoint tool, fib channels)HPQ There are some diagonal grids for HPQ if you are interested. The pink down angle is part of a disjoint tool angle anchored off the 2 red ellipse points. the pink (purplish because it's overlaid on top of other angles) is the reflected angle in disjoint position (centers not lined up over each other). The fib channel is then laid over the disjoint down angle and spread apart until other points line up (down angles). The same process is done for the disjoint up angle and the fib channel laid over it. I use a calculator and the inputs in format to make the distance between lines the same up as down. The up and down angles at this SCALING are both 14 degrees. I have other charts in publlished that experiment with this idea. There are more objects in the objects tree. I made 2 scale settings. One for this (vertical purple arrow) and one for the fib speed arcs (in the objects tree. I used the "apost" equation in ideas (for my TI-85) to calculate the vertical distance between parallels. This is precisely set up and calculated from the format inputs. by Robert24337
HPQ - looks sexy after years... if not in then do it NOW!HPQ did not look attractive for many years but it seems it's back on track. Fundamentally and technically. For cautious investors await 38+ breakout - but if you have a look at the daily chart we see a "buy the dips" opportunity.Longby TBO_ZH2
HPQ - Long with the trendThis stock just trends higher and higher. After every decline to the Wave, it is time to buy. At a point, the stock will go down, but until then, the safe bet is to the upside.Longby vlad.adrian114
Hewlett Packard Daily (18.08.2014) Tech Analysis EMAThis week we will see the EMA (50,100,200) and MACD,RSI for various diagrams. The Hewlett Packard Share (HPQ) Daily Diagram Technical Analysis Training shows the following: The HPQ share has made a bullish engulfing last Friday. There is a sense of bull market because the EMA 50 is above EMA 100 & EMA 200 and EMA 100 is above EMA 200 too. MACD however has a narrow negative divergence and now has given a bear signal above the zero line. RSI moves to 50. The fib has a 2.618 level of resistance for two local tops @ $35.78. MACD & Candlestick pattern say short for EMA 50 first and EMA 100 secondly. Stop loss above 35.78.Shortby UnknownUnicorn134250
HPQ Hewlett- Packard Short Term Buying OpportunityHPQ Hewlett- Packard Short Term Buying Opportunity Wait for completion of the Bullish Shark pattern before entering long.Longby johnsmith780
HEWLETT-PACKARD 2014 RALLY TO CONTINUE - SUPPORTED BY 50MAThe 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.Longby DarrenWells1
Hewlett Packard Daily (11.08.2014) Technical Analysis TrainingThe 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) for 7 months. 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 into the KUMO beating the $35 resistance. So the first think in mind is that HPQ is bullish for $35.72 as a price target of 2.618 of fib for 2nd time. MACD is turning bullish and RSI too. The volume is the usual. We have no special candlestick pattern. The share is above the KUMO and above the Kijun Sen (blue line) and the Tenkan Sen (light green line) too (it has to close above it today otherwise it will make some consolidations). There is no special pattern. The fib from $20.66 to $26.44 shows a 2.618 top at $35.78. Long for 35.78 first. Stop loss only under the Kijun Sen.Longby UnknownUnicorn134250
Hewlett Packard Daily (28.07.2014) Technical Analysis TrainingThe 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 into the KUMO beating the $35 resistance. So the first think in mind is that HPQ is bullish for $35.81 as a price target of 2.618 of fib. MACD is bullish and RSI too. The volume is the usual. We have no special candlestick pattern. The share is above the KUMO and above the Kijun Sen (blue line) and the Tenkan Sen (light green line) too. There is no special pattern. The fib from $20.66 to $26.45 shows a 2.618 top at $35.81. So MACD signal, RSI and last Friday's movement show the bullish way for the share once again. Be careful at 35.81 and for MACD divergence's development. If the share breaches this level sharply then stay long. Otherwise stay aside for a while.Longby UnknownUnicorn134252
Hewlett Packard Daily (19.07.2014) Technical Analysis TrainingThe 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. The weekly diagram shows bullish trend. The monthly has got itself into the KUMO beating the $35 resistance. So the first think in mind is that HPQ is bullish for $35.72 as a price target. MACD is bullish and RSI too. The volume is moderate. We have no special candlestick pattern. The share is above the KUMO and above the Kijun Sen (blue line) and the Tenkan Sen (light green line) too. There is no special pattern. The fib from $20.70 to $26.44 shows a 2.618 top at $35.72. So MACD signal, RSI and last Friday's movement show the bullish way for the share.Longby UnknownUnicorn134251
Hewlett Packard Daily (10.07.2014) Technical Analysis TrainingThe 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. The weekly diagram shows bullish trend but an overbought RSI. The monthly is on a resistance of the KUMO at $35. So the first think in mind is that $35 as you can see is a resistance (daily local top too) in monthly diagram. So it is a strong long term resistance. MACD is bearish and RSI is neutral. The volume is moderate. We have a bullish engulfing candlestick pattern. The share is above the KUMO and under the Kijun Sen (blue line) too. Today the share fight with the Tenkan Sen (light green line). There is no special pattern. The fib from $20.70 to $26.44 shows a 2.618 top at $35.72. Today the share breach again above the support line. So I think that the bullish engulfing candlestick pattern and the breach of the support line shows that uptrend is back. Longby UnknownUnicorn134252