HPQ: Long term proposition? Long

HP Inc.NYSE

Description

⋅ Oct 20, 2016 5:18 PM

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.

Comment

⋅ Oct 31, 2016 7:02 PM

Excellent progress here, hold, you may even add to the position.

Comment

⋅ Nov 4, 2016 4:27 PM

s3.amazonaws.com/tradingview/snapshots/r/rSCb0d0v.png

Awesome! Hold.

Comment

⋅ Nov 10, 2016 5:39 PM

I'm doubling up here and placing a stop at 15.48.

Comment

⋅ Nov 10, 2016 5:39 PM

Last: 15.65

Comment

⋅ Dec 8, 2016 4:13 PM

Got trailed in profit, then reentered a couple days ago and closed now.

Comment

⋅ Dec 8, 2016 4:15 PM

I'll reenter soon. Trend is up.

Trade active

⋅ Dec 9, 2016 7:30 PM

Reentered today, here: 15.82
Goes ex-div on Monday.

Comment

⋅ Dec 9, 2016 8:26 PM

This is a monster trend, try to ride it, buy dips.

Comment

⋅ Mar 2, 2017 10:54 AM

I'd bank some gains here, and reenter on dips.

Comments

G13Man

⋅ Nov 10, 2016 5:41 PM

if they get their quantum computer up and running , they will blast off

IvanLabrie

⋅ Nov 10, 2016 6:18 PM

@G13Man, certainly, for this trade, I don't want to give back profits since it's at 1,67R atm, so I doubled the position and used a tight stop for all. Minimum risk, but if it keeps trucking, it gets huge.