HPP LONGThis is my first analysis of this tool. Here I have tried to deconstruct the tool into several components and analyse it from different angles. Thank you all.
HPP trade ideas
Potential Deep Crab - Not perfectLooks like there could be a potential deep crab here. However, it didnt retrace all the way to the .886. This is also a good lesson in PRZ. The PRZ is almost never exact. That is why it is a zone, however it is consolidating here above the 200MA in the PRZ. Technical target long term would be the 1.618 retrace. However I would take profits around the different fibonacci levels shown. Not sure if I will enter this one yet as I have not watched a deep crab play out yet. Also hidden bullish divergence. Not financial advice.
HPP - downtrend to between 24 and 22HPP is tracing intermediate wave B down of primary corrective wave A. The probable target should be between 24 and 22. If price crosses up 31 before this correction, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
HPP - opportunities foe returnsHPP the prime office building REIT from the west coast of the US seems to have entered in a minor 3 wave up, the best wave to surf. Most probable target is from 28.08 to 28.85. FOLLOW SKYLINEPRO TO GET UPDATES.
HPP additional 3% gains in the next two daysHPP price structure indicates that it is tracing a last minute impulse wave 5 to complete minor wave 1. There was a big volume buying in the the last minutes oh today's session. If this scenario persist price should reach 22.25 which is the same size of wave 1. FOLLOW SKYLINEPRO TO GET UPTDATES.
HPP reached cycle wave a correction at 0.618 retracement NYSE:HPP
HPP reached a cycle wave a correction at 0.618 fibonacci retracement. If cycle wave b starts tomorrow there will be opportunities for around 30% gains before another correction in cycle wave C begins.
HPP - Upward channel breakdown, watching for short entryHPP seems running within a upward channel. It has tones of insider selling. We think it will be a good short, so keeping an close eye.
* Trade Criteria *
Date first found- March 7, 2017
Pattern/Why- Upward channel
Entry Target Criteria- Watching for entry
Exit Target Criteria- $28
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
