alexp
Short

HPQ is in bear channel

BATS:HPQ   HP INC
211 1 0
HPQ             is trading in a strong bear channel recently. We're currently at the top of the channel and it's viable to make a low risk high risk:reward trade targeting the measured move target of the big bear bar in October. This trade has to be entered with limit order at 14.00.
stopped out of this one. HPQ found just the right time to break out of channel
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