iTradeAIMS

Will HP "PRINT" a Wave 5? A classic setup

Long
NYSE:HPQ   HP Inc
If you've followed me for a bit you will know that my go to setup is what I call the Setup 1.

It is a setup partially based on the Elliott Wave concept.

I am not that crazy 100% Elliottician ... I just like the Wave 5. :)

Here we have a setup 1 that I have been following for the last few months.

HP has finally broken out of the trading range (wave 4). Buy Signal.

Check out my TESLA call below, that too was a call for Wave 5....
Trade active: The trading is running pretty nicely and target 1 is hit. Nothing to worry about or do. LET IT RUN
Trade closed: target reached: Closed 2/3 at these levels now 37.00