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HP INC DL -,01HP INC DL -,01HP INC DL -,01

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7HP trade ideas

HP, INC - BULLISH SCENARIOHP Inc. is the largest U.S.-based manufacturer of personal computers and the second-biggest worldwide, with an 18.7% share of the global market. The company sells desktop and notebook computers, workstations, retail point-of-sale systems, displays, printers and hardware, and support and services. HPQ holds 27,000 patents and operates in 170 countries globally. The company was one of the purchases of Warren Buffet back in April. Although the 20% shipments drop its commercial PC business remained strong, with revenue jumping 26% year over year. A bullish impulse is expected to the 0.618 Fibonacci level, with a $35 price target. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:HPQLong
by legacyFXofficial
HPQ: Charts dnt lie?!HP Inc Intraday - We look to Buy at 28.99 (stop at 26.49) Short term momentum is bearish. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. Dip buying offers good risk/reward. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 35.19 and 38.00 Resistance: 36.00 / 41.00 / 46.00 Support: 27.00 / 23.00 / 15.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:HPQLong
by VantageMarkets
HPQ long term outlook and where to buyWith the break of key moving averages (21w and 34w) a patient investor following the Buffett playbook might want to look into acquiring HPQ for a trend continuation in the long term uptrend of this stock. The question is, as always, where will it bottom? Outlined is the most likely scenario: bottom will be somewhere in between $30 and $31. Invalidation of this idea comes from making a new lower low, shown with a stop loss under $26. The patient investor should expect to reach target of $40 if not much, much more. This corresponds to a >30% move. This TA is based on the idea of monthly support levels (monthly S1-S3 lines) and demand zones (white candles within our indicators). The prior range from June-October 2021 also provides excellent support. Monthly support levels will change tomorrow with the arrival of a new month but we expect them to simply add additional confluence to this idea when they are printed.
NYSE:HPQLong
by LYFTOFF
HP Could Be Breaking DownPC maker HP has held its ground all year as the technology sector tumbled, and now it too may be coming under pressure. The main pattern on today’s chart is support at $34. HPQ gapped above this level following a strong quarterly report in late November. It bounced there in January, March and late May but never had a daily close below it. This week, the stock closed below $34 not once -- but three times. Has a breakdown begun? Second, prices also slid below the 200-day simple moving average (SMA) for the first time since October. That may suggest the longer-term trend is fading. Finally you have the macro backdrop. While earnings have been strong and Warren Buffett recently added HPQ to his holdings, the Federal Reserve’s efforts to slow the economy could hurt PC demand. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NYSE:HPQ
by TradeStation
HPQ - BULLISH SCENARIOHP Inc. is in consolidation for a quite long time. In the past six months, the $ 40 resistance was tested several times, but the bulls didn`t have enough strength to break it. This time may be different. If the upcoming test of the resistance in the next couple of days is successful, we may witness new all-time highs with a price target of $ 46. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:HPQLong
by legacyFXofficial
Topped for next 2 yearsMany indications here that HP Inc. has topped throughout 2022. I expect the reaction to their upcoming earnings report on May 31st will be negative, whether or not they report decent earnings. Forward P/E will be revised downward. Technical Analysis from 2012 shows we have 3 major rallies. The length of price movement and time extended in each of these rallies are closely related to one another. This indicates correlation - meaning these are subwaves of a larger wave and are therefore connected and shaped by one another. A retracement back down to the .382 fib line is a minimum retracement which still indicates a -45% drop from current prices. Connecting the tops and bottoms forms a nice channel. We recently overshot the top of the channel and swung back down below indicating a rejection of further price increases. This "throw over" is a characteristic of end moves. RSI indicator shows major divergence between waves iii and v of wave 5. Also indicating a top. Currently HP Inc. is the highest valued tech stock in the computer hardware industry if you use a stock screener like Finviz.com. I found this very surprising. Again, earnings are on May 31st and the charts are foretelling a selloff. Currently many investors are hiding in tech stocks that they find "safe". So ask yourself, is it likely that HP will be selling more computers in 2023 than in 2021 and 2022?.. or is it more likely the opposite? When is the last time you looked into buying an HP computer or saw an office supplying their staff with HP? They have nothing that separates them from other computer hardware companies like Apple, Dell, Lenovo, Logitech, etc. Is there a bullish argument to be made? I am struggling to find one looking into a future of higher prices and lower consumer spending. Market Cap = 35.57B Income/Earnings = 6.52B Effective P/E ratio = 6.16 Forward P/E ratio = 7.90 (currently priced for increasing sales but should be revised downward soon as a result of inflation and future expected returns declining) *Not financial/investment advice, although I find this to be a very compelling case. I do currently own Put options on this stock. Trade at your own risk.
NYSE:HPQShort
by MonetaryRebel
1
HPQ - Was it Good Bet by Warren Buffett?Following the news about the purchase of 11% HP shares by Warren Buffett in April the price was up by 17%. Who can question the King but let's have a quick look if it was such a good idea and if the retail investors should follow him or look the opposite way in the short term. Fundamental indicators: Revenue and Profits - not consistent for the past 10 years Profit margin - averaging at circa 7% so it is not impressive either P/E - very attractive at 6.6% compared to the market average Liabilities - signs of debt problems with growing liabilities which exceed assets Technically: Following the global correction that lasted 20 years and took shape of Contracting Triangle we can observe 5 wave impulse since March 2020 This impulse is at the final stage with completed waves 1 to 4 The 5th wave is forming now in the shape of Ending Diagonal which can be explained by the choppy movement Once the final wave updates the current maximum of circa $42 there might be a sharp drop in the first corrective wave to the region of $20 to $25 representing 0.382 and 0.5 Fibonacci retracement levels respectively Given the rising risks of global recession and mediocre performance of the company, was it a good idea for Warren Buffett to get into this deal or is there some insider information that we are missing? What do you think about this? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:HPQShort
by vitalalyt
3
HPQ shortHewlett-Packard (HPQ) jumped on news, but it's technicals are out of bounds. So I am short, meaning I will not chase the news reaction and wait for a reasonable pull back. Plus, I would not be surprised if long term holders are trimming their holdings into strength today while others FOMO and chase the stock move. Here's HPQ 4 hour chart with support and resistance levels: R3 = 37.80 R2 = 37.25 R1 = 36.71 pivot = 36.17 S1 = 35.63 S2 = 35.08 S3 = 34.54 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
NYSE:HPQShort
by Options360
2