MagnusTradingGroup
Long

Hewlett-Packard: Buying The Dip

NYSE:HPQ   HP INC
H&S target is not reached yet so I'm expecting another wave up.
Buying blindly and looking to take profit this year.

We might see prices around 50 in June, 2015
-- REVISION ! --
Stop loss got triggered. Uptrend from 12$ was a rising wedge that just broke down. New Target: 26 $
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snapshot

i was up on this idea but lost out , thanks to this i got out before total loss
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what was your initial idea ?
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G13Man MagnusTradingGroup
i also saw the h&S
noticed the channel up
readjusted H&S to the hi of 10 /86 and noticed it tied to the bottoms of the new shoulders
snapshot

when it hit the low of the channel i did a call

snapshot

when it broke below i asked for help and got what i showed u
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G13Man G13Man
32.10 is another support area
hope this helped you
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We need to get above 400 to confirm the Maddie :)
Nice chart btw !
Have a good day
+1 Reply
Thanks Mad :]
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