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Shinlu
Jan 9, 2024 3:54 PM

HP: Ascending Broadening Wedges Short

Hewlett Packard Enterprise CompanyNYSE

Description

Short when the price break through the bottom trend line. Wait for confirmation.
Monitor and close the trade if the trend changes and move above the trend line.
Target price: 15.10

Comment

The price had break through the lower trend line. To wait for the confirmation on 15 Jan 24. Ensure the candle stick close below the trendline to start the short trade.

Trade closed manually

Target price already reached before we began the trade.
Comments
SabahEquityResearch
Perfect idea
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