The Hewlett Packard Share ( HPQ ) Daily Diagram Training shows the following:
The HPQ share has made a last Friday. There is a sense of market because the 50 is above 100 & 200 and 100 is above 200 too.
however has a narrow negative divergence and now has given a signal above the zero line. moves to 50.
The fib has a 2.618 level of resistance for two local tops @ $35.78.
& pattern say short for 50 first and 100 secondly.
Stop loss above 35.78.