demyanchuk
Short

Let's begin selling

NYSE:HP   HELMERICH & PAYNE INC
Main short signals on the chart:
1-Rising wedge with appropriate breakout
2-multitops proved at the end of rising wedge
3-Flag proved by breakout.

Sell 62.50-62.00
Stop loss 65.20 (+1 tic flag's high)
Target 50.00 (Elliots' waves+strong supporting level)
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