Berkshire Hathaway has now bought about 121m shares of HP for roughly $4.2bn. A gap-up occurred immediately breaking away from the bullish wedge. A fill of the gap likely to be a good entry point for the asset in order to key into Mr Warren Buffet's portfolio... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook...
HPE is forming a HS and a bearish flag. The sentiment of the market is bearish, I'm not waiting to finish up both formations, there is no signal of bull power. Great risk and reward ratio on this early call. It can also go deeper but will see at that time.
Strong upwardly momentum converting to price changes to the upside. This is already good on it's own. We are betting on an upward zigzag, leaving us to complete the last leg. Patience is key, patience is vital to profitable successes. Let trades come to you. Never force the market, you will lose. We are not in the business of getting every prediction right, no...
Hello my beauties. I think HP might be accumulating. The range is clearly defined, but we need to understand whether this was a spring or a sign of weakness. Regardless, we will wait for the price to react to the top of the range by whether breaking it and retesting it successfully, or by breaking out and quickly recovering beneath the red line. If you find this...
Hindpetrol giving falling wedge breakout
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This Descending triangle looks like we should see a bottom at about 70 cents. looking at the triangle it should have a breakout around 20th of July. The earnings update may also speed up the breakout if they have another phenomenal month/quarter. Based on the past it may be around the 10th or so. If this is the case the breakout price should be around 75...
Will WTI and HP both complete a flat correction? or continue to pump with the algo traders? Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions...
HP looks like a terrific stock to own for me. I would like to get in asap, but earnings on Friday keeps me on the sidelines. The indicators are not strong on the daily chart, but on the 4 hour they are like perfect crystalline formations. I had to zoom down and do my analysis from there. Am I breaking the rules a little? Yes, I am. Speaking of breaking the...
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HP as a whole, posted $1.2 Billion net income for the entire year last year. The company just posted it's Q3 Financials, and posted an insane QUARTERLY profit of $734 Million! Stock price is already up in pre-market about 5%, this could cause enough hype to accelerate the steady bull run the stock is on, up to its pre March price.
Can a fibo 23.6 stand here as a support line, supported with RSI 50 level? I believe so, but wse Sl is a tick under it!
Technical Analysis - Hold Before buying - There are some concerns around the Printing Business (Loss of 19%) Prices are moving inside a channel, wait to check if the support will be tested again before buying. Fundamental Analysis There was good news for HP (ticker: HPQ) in PCs, with flat revenues in notebooks year over year. But the printing business was badly...
HP reversed off its resistance at 52.17 where it could potentially drop further to 49.33. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.