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kbgeresy
Dec 8, 2019 9:56 AM

HP to go long  Long

HP Inc.NYSE

Description

NYSE:HPQ

Price was able to breach the downward channel that continued since a year back, Buyers were able to break the 200EMA as well.
If price is able to stay above the 200EMA price is expected to target the 24.00 area, but will be expected to meet resistance around the 20.60 and the 21.00 area’s
Stop-loss should be below the 200EMA sitting at 19.00.
Comments
Trading_Matrix
nice stock pick - im looking at it similarly. potentially breaking its previous top of 31.19
kbgeresy
@guardianfinance, Exactly, was waiting for it to break for some time
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