HPQ traced a quarterly time at mode trend signal, with two possible long term targets: 26.31 and 29.59.
Right now we're at a significant earnings support level, so we can go long risking $1 per share. I wouldn't use a stop loss here. Alternatively, you can size this trade as a long term position, entering gradually over a few days, investing 1-2% of your capital in it.
Good luck!
Ivan Labrie.
Right now we're at a significant earnings support level, so we can go long risking $1 per share. I wouldn't use a stop loss here. Alternatively, you can size this trade as a long term position, entering gradually over a few days, investing 1-2% of your capital in it.
Good luck!
Ivan Labrie.
Comment:
Excellent progress here, hold, you may even add to the position.
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Comment:
I'm doubling up here and placing a stop at 15.48.
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Last: 15.65
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Got trailed in profit, then reentered a couple days ago and closed now.
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I'll reenter soon. Trend is up.
Trade active:
Reentered today, here: 15.82
Goes ex-div on Monday.
Goes ex-div on Monday.
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This is a monster trend, try to ride it, buy dips.
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I'd bank some gains here, and reenter on dips.
