HPQ kicks off a short-term rebound hereMy quant model predicts Profitability: it has a high probability(70%) to rebound at this level. Worst Case: it could drop to $15.96 Money Management: Bet no more than 21% of capital Suggested Strategy: long stock for 5 Days, wait and seeLongby cwho2090Updated 0
HPQ - Upward Channel and H&S Short from current price to 16.53HPQ - Upward Channel Macro and H&S Short term. Target 1 19.53. Target 2 18.53. Target 3 16.53, Stop 23.53. HUGE insider selling - 100% sale from Pres , Personal Systems and 75% from GC more from others. Around $24 and below. March $21 Puts are $1.01 Last price. Check out Acorn's Smart Money Alert service at www.smartmoneytrading.com Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at www.acornwealthcorp.com Check out some of our free video examples @ Youtube- www.youtube.com Shortby AcornWealthCorp2
HPQFor the nine months ended 31 July 2018, HP Inc revenues increased 13% to $43.11B. Net income before extraordinary items increased 7% to $2.01B. Revenues reflect Personal Systems Group segment increase of 14% to $27.6B, Printing segment increase of 11% to $15.51B. Dividend per share increased from $0.40 to $0.42. Basic Earnings per Share excluding Extraordinary Items increased from $1.10 to $1.23.. Possible Stock will going to recover from loss in the previous quarter. by Kikokoh4
HPQ Wave Analysis into year endI decided to update my wave count and get more detailed on the daily. Currently we are in a Wave 4 correction and from what I see have begun the 5th Motive Wave to continue to the upper end of the channel by year end. Should expect upside heading into earnings to the former high then sell off and resume to new highs before hitting the upper channel and correcting from there.by BKro331
HPQ Daily Wave CountStrong trendline channel and bouncing off support. Currently looking to complete Wave 4 correction on the daily and gearing up to rally probably after Apple earnings. Let me know what you think.by BKroUpdated 3
HPQ potential upsideWith the recent sell off in most sectors, HPQ too went lower, giving an opportunity to buy in. Retracing on 50EMA, Bullish Divergence on Stoch and supported by the high in March, I'm expecting HPQ to make new highs. Will wait on confirmation candle today before entry.Longby shidiqUpdated 5
HP possible wave count!Went with a weekly expiry put yesterday to get started in speculation of NYSE:HPQ to the downside. So far it's going OK. Will look to close it by Thursday and pick up some longer expiration puts when a little longer correction happens. This is one possible wave count. Another way I'm looking at it will be in the comments. Either way I will be looking for moves down, whether it's an impulse or a correction is the question?? What are your views?Shortby adambiersUpdated 3
BUY! BULLISH INDICATORSHPQ just popped up on my scan. Weekly Chart looks great with a new 52-week high coming! POSITION: 25,000 SHARES PRICE: $24.11Longby UnknownUnicorn3159981Updated 3
Hewlett Packard (HPQ) stock: what's the sentiment?HP Inc. (HPQ) shares are trading at 24.54, up 0.2%. The company is set to report third-quarter results on August 23. What's driving HPQ stock price? What's HPQ stock price forecast? HP delivered strong second-quarter revenue and earnings results. Personal Systems and Print continued their resurgence in the quarter, showing strength on both the top and bottom line. While 3-D printing and a managed print service focus will provide new growth opportunities for HP, secular headwinds in traditional printing will limit overall growth. www.finstead.com by GmmaTech1
Triangle ......and low volume equal consolidation. Added to the watchlist for a long. As soon as there are life signs in volume in the right direction I'd go in. Longby L__ChaimUpdated 2
HPQ covered strangle Rather than just holding HPQ stock with hope that it may go higher this year, collecting a 2.5% yield while waiting, I instead plan to sell options premium this week against my $22 cost basis for a higher return on capital. Implied volatility on HPQ is over 30% and rising as we near the earnings report date of May 29 after the close. Of the past 8 quarterly earnings reports, the stock has ended a few percent lower on only 3 occasions. I could sell the stock for a tidy gain around 24 where it reached a couple times already this year. The 24 strike at 21 delta means almost an 80% chance the call will expire worthless and I keep the credit of 25, or about 1.1% of the cost. Because after transaction fees, this credit is small, I'd want to instead A) sell the lower 23 strike at 36 delta for $50 credit, or B) also sell an 'out of the money' put for additional credit (forming a covered strangle) if I'm willing to add to the stock position at a lower price on pullback, or C) both. The trade order for a covered strangle would be something like : SELL -1 STRANGLE HPQ 100 20 JUL 18 23/21 CALL/PUT @1.00 Selling a covered strangle on HPQ is attractive for several reasons: although it means a higher chance of assignment fees at the 30 delta strikes, it brings in nearly 100 credit, which is 4.5% of the current spot price of HPQ (27% annualized). The HPQ daily options volume is only about 8,000 so the 'at the money strikes' closer to the current stock price are the most liquid and easiest orders to fill. At 21 a share adding another lot is a small commitment. Fundamentally, I believe the stock fair value is higher so I'm willing to risk adding another 1 lot of stock if the stock drops or holding if HPQ trades sideways. The price support around 21 looks solid on the stock going back almost a year. The current Trefis fair price estimate for HPQ is around $25. Based on the 2018 EPS estimate of 1.96, and a long term 5% EPS growth over next 3-5 years, my DCF model suggests a current fair value of $25.50- $27 range. Longby dimeUpdated 3
HPQ Inc. - Don't Fight Price Action TradingDon't Fight cypher pattern on monthly, for rest of year, down to $17-$18 rest of yearShortby Anbat1
HPQ short with high profit potentialsThe price just reached a certain area which hold decently for many times for many years, the RISK REWARD is very good even in TARGET 1, the RISK is a dollar maybe 1,2 depends how tight you like it. RSI devergence is good and double top at resistance perfect match ;) Details written on the chart. STOP LOSS should be around or little bit above 25.00 Shortby perdei0
HP Empresa de Tecnologia Estrategía Rompimiento de Canal LateraHP una de las marcas más reconocidas en el mundo de tecnología, se encuentra en una tendencia alcista sin embargo a encontrado un canal en el cuál el precio esta consolidando para ver que dirección toma vamos a seguir muy de cerca esta acción, para poder tomar beneficios, es una empresa nueva que estoy siguiendo y según sus patrones pueden ser una de las favoritas este añoShortby yepez.andres1001
HPQ - Not a great R/R will pass on this one.Used fibs on the big trend to set target at .5 / Stop and entry are based on fibs of smaller move.Shortby AWDConservative1
HPQ - Channel of opportunity?The price her has been playing beautifully in this channel since 2016! No one know how long it will last, but I am playing the contrarian devil's advocate here as well. It looks like a pullback at least for now; we're in! Stop @ 23.52 Target @ 21.86Shortby themdtraderUpdated 2
Bull FlagEverytime the RSI reaches the area its in, it seems to end the pullback and continue trend upwards. lets see where this goes. Nice weekly chart tooby amaroa69Updated 111