The HPQ share has made a long term development with the support of the (light blue). This support line is over the KUMO, which means that the HPQ is in long term. The weekly diagram shows but an overbought . The monthly is on a resistance of the KUMO at $35.
So the first think in mind is that $35 as you can see is a resistance (daily local top too) in monthly diagram. So it is a strong long term resistance. is weakening its force and too. The is moderate.
We have no special pattern. The share is over the KUMO and the Kijun Sen (blue line) too. The last week decline stopped on the Tenkan Sen (green line).
There is no special pattern. The fib from $20.70 to $26.44 shows a 2.618 top at $35.72.
So I think that the critical point is the Tenkan Sen – Kijun Sen – Trend Support Line. If the share reacts on Monday and Thursday, we will have continuation of the and have to check the analysis again at $35.72.
But if the share continues to decline (more possibilities) on Monday then the support prices is $33.22 first and $32.69 next.
I think that in short term view we have a change of the trend to towards to KUMO.