Get started
HP INCHP INCHP INC

HP INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

HPQ trade ideas

Eyeing HP for more rises. HPQStrong upwardly momentum converting to price changes to the upside. This is already good on it's own. We are betting on an upward zigzag, leaving us to complete the last leg. Patience is key, patience is vital to profitable successes. Let trades come to you. Never force the market, you will lose. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:HPQLong
by Rykin_Capital
HPQ breaking out of a 10 month base cup and handle pattern!* Excellent earnings year over year * Strong up trend * High 3-month relative strength of 2.29 in the Tech sector * Breaking out of a ~10 month base * Clean break with higher than average volume * Currently 2.83% above the broken level * Maximum probable ROI 44.94% Trade Idea: * You can enter now if you don't mind a little volatility and want to catch the bigger move. * However, if you are looking for a better entry you can look for an opportunity around the $38.12 area.
NYSE:HPQLong
by HaseebKhan_90
5
HPQ, 6 Jan: Insider sells and a bearish divergence.HPQ got rejected at the channel median. HPQ CEO sold part of his holdings on 3 Jan. Elliott: We are able to count a complete 5-waves move up, suggesting the trend could reverse soon, or has reversed already. Oscillators: The Stochastic is overbought and the RSI shows a bearish divergence. Geometry: The channel median provided resistance on 3 Dec and might do so again. How to trade it: An idea could be to test a short position and observe if HPQ can break the green support diagonal around 36.3. Price often continues to climb after prominent insider sells, until it breaks down a few days later. The idea is invalidated if HPQ breaks the channel median (blue line) to the upside.
NYSE:HPQShort
by UnknownUnicorn12250317
1
Will HP "PRINT" a Wave 5? A classic setupIf you've followed me for a bit you will know that my go to setup is what I call the Setup 1. It is a setup partially based on the Elliott Wave concept. I am not that crazy 100% Elliottician ... I just like the Wave 5. :) Here we have a setup 1 that I have been following for the last few months. HP has finally broken out of the trading range (wave 4). Buy Signal. Check out my TESLA call below, that too was a call for Wave 5....
NYSE:HPQLong
by iTradeAIMS
4
HP Hewlett-Packard | Fundamental Analysis | MUST READ ! ! LONGShares of HP climbed 10% to a new all-time high following the company`s Q4 financial results last week. The company's revenue increased 9% from a year earlier to $16.7 billion, surpassing forecasts by $1.3 billion. Adjusted earnings rose 52% to $0.94 per share, six cents exceeding expectations. HP did not provide exact earnings estimates for fiscal 2022 but foresees adjusted EPS to grow 8%-14% in the first quarter and 7%-13% for the full year. The averages of both estimates topped Wall Street's expectations. HP's results seem to be strong, but is there any room for the stock to rise after surging more than 50 percent over the past year? Let's look at a few arguments to buy HP, and one reason to sell it, to figure it out. First, personal computer sales are still strong. HP's personal systems division, which sells laptops, desktops, and workstations, accounted for 71% of revenue during the quarter. This business encountered a solid increase through the pandemic since more people upgraded their computers to work and attend classes online. Nevertheless, the bears say the segment's growth will stall this year as the accompanying pandemic "tailwinds" have weakened and the PC market has encountered chip deficits and supply chain disruptions. The consumer-oriented segment unquestionably encountered a slowdown within the preceding two quarters, but the bears seem to have underestimated the resilience of the commercial business, which has been recovering as more businesses resume operations and upgrade their legacy systems. During a conference call, CEO Enrique Lores said HP "saw the highest demand and highest profitability" of its Windows-based commercial products during the quarter, and its supply remained "notably eminent" as it worked to eliminate component shortages. In other words, HP is still selling its commercial systems as fast as it can produce them. Second, the company's operating margins are stable. Another bearish argument against HP is that shrinking margins in the printing segment will reduce the company's profits. However, HP's overall operating margin is up 120 basis points from a year ago, with significant improvement in both the PC and print segments. In both segments, HP attributed the improved margins to favorable pricing and an improved mix of higher-margin products, which largely offset higher raw material costs and new investments. It's not a perfect balance, but solid operating margins and large buybacks (including $1.75 billion in the fourth quarter) should allow HP to continue growing earnings per share at a healthy pace. Finally, low valuations and high dividends should be kept in mind. HP stock has more than doubled since Xerox abandoned its aggressive offer last March. Today, that value is about $40 billion -- up from the $35 billion Xerox was offering. Nevertheless, HP stock still trades at eight times earnings guidance. It also pays a generous dividend yield of 3.1%, which is backed by a low payout ratio of about 24%. This low valuation and high dividend yield could make the company a good defensive play in a volatile market. However, there is one reason to sell HP: its printing business. HP's printing segment underwent momentum during the pandemic as more people bought printers for home projects, offsetting the slowdown in commercial sales due to business closures. Last year, though, the increase in the consumer segment slowed as the tailwind weakened, and the commercial segment stabilized only slightly after a steep decline in 2020. As a result, modest print segment growth of 1% year-over-year in the fourth quarter indicates that business continues to decline. Long-term unfavorable factors - including long renewal cycles, growth in paperless jobs, and competition from ink and toner manufacturers - could slow the growth of this weak segment for the foreseeable future. HP's printing business will remain the company's weakest link, but its potential may steadily develop as it expands its industrial 3D printing division and its subscription-based Instant Ink service. HP's personal systems business should remain strong, and its extension could even expedite when component shortages end. Meanwhile, large stock buybacks, high dividends, and low valuations should limit the company's downside potential and attract value-oriented investors. Simply put, HP's strengths still easily outweigh its weaknesses, and it's a good option if you're worried about a possible recession or market crash.
NYSE:HPQLong
by FOREXN1
2