2waytrading

Head and shoulder's Bottom

Long
BATS:HPQ   HP Inc
591 views
1
Good to wait a minor pull back if it ever happens, the stock seems bottomed and ready to take off now. This head and shoulder's bottom is reliable pattern and always good to wait a pull back which will come once profit taking hits or price consolidates within a tight range. If you are long or want to go long make your stop loss tight recent low 17.67-18.38 area with target price $23-$24. Join us http://www.woowtrading.net where serious traders come and trade