WadeYendall

HPQ Breakout watch

Long
WadeYendall Updated   
NYSE:HPQ   HP Inc.
Watching for a potential breakout on this after Buffet news. Would prefer to see a touch at the high and then a pull back and some consolidation before the break. Targets = fib extensions. Not interested anymore below the tan box.
Comment:
Tapped T1 then dropped sharply. I you did not catch the initial move wait for some consolidation and a move back up. Re- test of breakout point common. Still want to see it hold above the tan box.
Comment:
Late follow up. Obviously the could not hold the tan box so was stopped on this with small gain from the initial breakout.

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