My HP VersionI think due to low decline power and support line of Elliot line 3 was not breaked the HP should perform positive trend despite low volumes at not
HPE trade ideas
TRADE THE CHANNELHP has been held in an upward channel for a while. If we bounce of the support line, expect to reach somewhere around $17.50 in the coming week.
RSI looks like it will hold support and MACD is positive.
End of Summer TrendsBeen thinking about Steve Jobs recently. Where the new wave of tech originated..
Hewlett Packard Enterprise: limited revenue growth opportunitiesHewlett Packard Enterprise Company (HPE) shares are trading at $16.53 prior to the earnings today. What's driving HPE's stock price? What's HPE's stock price forecast?
After its separation from HP Inc., HP Enterprise continued on the path of rapid divestitures, spinning out its enterprise services and software units along with other businesses and equity investments. This transformation has allowed the company to beef up its balance sheet and refocus its organization on the core traditional, on-premise hardware business, which consists of servers, storage, and networking--the mainstay categories of IT infrastructure.
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HPE head and shoulders patternthe bulls next?
1) head and shoulders
2) ascending triangle
3) piercing line
BUY in bold red line
Buying HPE sharesOn the daily chart of HPE shares, the price has changed the trend direction into a bullish one after AO divergence. In my opinion, the instrument is at the beginning of the 5th Elliott wave of a bullish cycle, which gives more strength for a future growth if the price breaks the signal level in a form of the latest fractal
Hewlett Packard Possible rebound to R2Hewlett Packard HPE performed well last quarter. Dropped off of Head and Shoulders. May be rebounding back up to R2 at 17.73. Bear Bat possible pattern. Next upside target is moving over pivot at 16.06 and then breaching the 20 day MA. around 16.40
Earnings flag - breakoutHewlett Packard Gapped up nicely on earnings and looks to have flagged printed inside day with high vol Friday. Will look to buy breakout just above previous days high 19.30
HPE - "Hell-lett" Going Back Down to Hell?Generally the wedge struggled through the whole of 2017 to breakout, and it finally did to the upside.
To me, here late longs are getting trapped and the stock could have a reversal from their exit selling pressure & entering shorts.
Let's see if I entered a bear trap or this is indeed a devil's advocate move; I could be totally wrong.
Do as you may now Mr. Market.
Stop at 16.85
Target at 16.00
Hewlett Packard12.70 the level i'm watching... if we get a bounce from here i'll get long.
Break 12.70 and i'll be short
HPE Reversing HigherHPE has retraced nearly all of its September 12 - October 2 rise, and is now showing solid signs of reversing off its low. Note that earnings come out after the close on Tuesday.
WHAT IS WRONG WITH THIS CHART? HPE looks like it has hovered around $14 for a while in this chart....what gives?
HPE - Long idea EMA 50daysOpen position after crossing EMA50 days.
- Policy defined: Entrance the second day after crossing EMA50. Condition: The candle must be above the EMA50 at the end of the 2nd day, then the position is opened.
- For 1 year and a half HPE crossed upwards the trend line 7 times giving a positive entrance in 6 occasions.
- Tight stop loss can be defined
- Risk reward ratio 2,33
Time to Get Long HPE?HPE is showing bullish divergence on the RSI 14. There is also a bullish pin bar candlestick forming forming on the daily chart.
HPEAnother price with interesting features to go long: it stopped at key resistance, the RSI just came out of oversold and the last trading day has seen higher volume
