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
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