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bullishmoon

TRADE THE CHANNEL

Long
Hewlett Packard Enterprise Company (NYSE:HPE)  
bullishmoon Updated   
NYSE:HPE   Hewlett Packard Enterprise Company
Parallel Channel Trend Analysis Technical Indicators
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parallelchannel trendanalysis indicator
HP has been held in an upward channel for a while. If we bounce of the support line, expect to reach somewhere around $17.50 in the coming week.

RSI looks like it will hold support and MACD is positive.
Comment:
I meant to say it looks like it will reach $17.50 in the coming weeks.
Comment:
Resistance has been broken, so the target is now obsolete
Comment:
** support has been broken
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