$HPQ with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $HPQ after a Negative Under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
HPQ trade ideas
HP Inc shows not goodThe weekly chart for HP shows a sell signal. So if you in this stock, it should be an idea to take profit.
Sells on PC should be down trending 2021 after successful sells in 2020 til 2021 Q1. Everyone who make/made home office and needed a PC already has some.
So no new markets there and PC sold 2020 a lot. this could be the end of the trend.
$hpqGreat stock, just looks a bit high. In my opinion, price will come down below support to correlate with its MACD more. From there, you can expect buyers to move in at a more attractive price. With HP continuing to set the standard for computing, conductors, technology, 3d printing and so on, they continue to give investors and traders what they want to hear. The icing on the cake is the dividend. This name will see better days ahead, but for now I'm anticipating some red days only to climb higher towards the end of year.
Sell HPQ (SHORT HP)There has been a RSI and MACD indication with the help of EMA and VWAP which tells that the price of HP should fall as thy are over brought.
The Stocks of HPQ are over brought and so the RSI shows its over valued so the price will short soon.
There is also an insider information which tells that HP has a debt, so the stock should and will fall.
Short Reversal HPQCould have a quick reversal trade coming soon. Have been seeing divergence on both the Klinger and the RSX. With the overbought nature of the RSX, coupled with the breakthrough of the upper Bollinger band and a gravestone doji at its 52 week high, this has the potential to reverse quickly especially if we begin to see a narrowing of the bearish/bullish averages of the VI as well. Don't forget the bimodal volume profile distribution, would aid well to retrace into that low volume space
HPQ - 14.95% Potential Profit - Ascending TriangleAscending triangle formed after a 9-month modest rally. Multiple new support confirmation over the past few days.
Support has been broken in a few occasions. However, I still feel that the risk/reward ratio is acceptable.
- Target Entry $24.30
- Target Stop Loss $23.81
- Target Exit $28.01
About me
- P/L: Oct-Nov-Dec Trading Suspended | September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
HP INCORPORATION : BEARISH BAT PATTERN - POTENTIAL R/R 2.63% 🔔Welcome back Traders, Investors and Community!
Analysis of #HP INCORPORATION
If you have found this useful then help us support my page by hitting the LIKE button.
If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you
It means a lot to us!
***
Strategy: Bearish BAT With potential Max R/R 2.63%
A clear chart is Always the best business card for a trader.
***
Your support and feedback will always welcome
Thank you for your time.
The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter
$HPQ with a slight bullish outlook following earning releaseThe PEAD projected a slight bullish outlook for $HPQ after a positive over reaction following its earnings release placing the stock in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
HPQ - 15.14% Potential Profit - Ascending TriangleIn order to decrease the risk associated with this trade, I strongly recommend waiting for tomorrow's earnings call: I like to play it safe and decrease unnecessary exposure when possible. A negative price reaction to earnings might invalidate this whole trade.
Ascending Triangle with clear uptrend Support.
Target price set at a new potential resistance line.
- 5-month Uptrend
- RSI + Stoch above 50
- MACD above Signal
Suggested Entry $18.51
Suggested Stop Loss $17.75
Target price $21.31
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.