HPQ BUY IDEAThe supply chain for nano-silicone material is gaining friction with the funding coming from the Canadian govt. and major stakeholders. Looking out for a great bullish run into the 1.25 area before selling my position. Any other fundamental factors regarding the production and delivery of products will be essential in driving price forward.
HPQ trade ideas
HPQ updateHPQ path potentials
Highlights* With the confirmation in place with a close above 76c I would really like to see a continuation candle to bolster support for the bulls.
1.) Blue Path would most likely need a catalyst (NR) to acheive (20%)
2.) Green Path the current most likely path with no fundamental change in business (60%)
3.) Red Path the least likely path with either a negative catalyst or negative fundamental change in trader sentiment(20% if that)
50 fib level held up todaySeems pretty obvious the massive volume on the 1st of december was in part thanks to shorts heading for the hills, In theory the shorts may have decided to attack a weakness when no NR was released today, and yesterday. The fact the 50 fib level has held up with a bottom wick as support is extremely bullish in my eyes. GLTA involved! TSXV:HPQ