Hi Traders.
Let's take a look at HPQ.
The price remains in the middle of the range.
We expect that the price will rise a little bit higher and then come back down to retest the support again which would be our entry for a long position.
Stop loss should be placed below the support.
We believe that after retesting the support, the price will move towards the resistance level which would be our target for a long position.
Good luck
Let's take a look at HPQ.
The price remains in the middle of the range.
We expect that the price will rise a little bit higher and then come back down to retest the support again which would be our entry for a long position.
Stop loss should be placed below the support.
We believe that after retesting the support, the price will move towards the resistance level which would be our target for a long position.
Good luck
Trade active:
entry reached and the price bounced
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