TICKER: HPQ TIME FRAME: 1D STRATEGY: LONG HPQ is at support level. OVERSOLD STOCHRSI divergence towards bullish. FOR EDUCATION PURPOSE ONLY. PLEASE FOLLOW ME MORE UPDATE.
HP Inc Intraday - We look to Buy at 28.99 (stop at 26.49) Short term momentum is bearish. Price action continues to gravitate towards crucial support levels with aggressive selling interest. Support could prove difficult to breakdown. Dip buying offers good risk/reward. Although the anticipated move higher is corrective, it does offer ample risk/reward...
HPQ teed up a sell signal followed by retesting the structure of which it had broken to the downside from. I've identified the ideal entry, stop and target for this current week. The overall trend remains long, this is the first rollover opportunity below the 200 day SMA.
The first smaller pattern can be seen to be very similar to the larger The break out of the smaller formation was successful The break out of the larger formation (underway) will likely also be successful, and on a grander scale I would consider both of these patterns ascending triangles
With the break of key moving averages (21w and 34w) a patient investor following the Buffett playbook might want to look into acquiring HPQ for a trend continuation in the long term uptrend of this stock. The question is, as always, where will it bottom? Outlined is the most likely scenario: bottom will be somewhere in between $30 and $31. Invalidation of this...
The main up trend line has been breached and a double bottom formation has initiated the recovery Right now is a good entry below this trend line as it has held for ages
Many indications here that HP Inc. has topped throughout 2022. I expect the reaction to their upcoming earnings report on May 31st will be negative, whether or not they report decent earnings. Forward P/E will be revised downward. Technical Analysis from 2012 shows we have 3 major rallies. The length of price movement and time extended in each of these rallies...
Following the news about the purchase of 11% HP shares by Warren Buffett in April the price was up by 17%. Who can question the King but let's have a quick look if it was such a good idea and if the retail investors should follow him or look the opposite way in the short term. Fundamental indicators: Revenue and Profits - not consistent for the past 10...
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
$HPQ on 1HR Gap Fill to downside What are your thoughts? Thanks, Kelly
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...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 11, 2022 with a closing price of...
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...
HPQ got rejected at the channel median. HPQ CEO sold part of his holdings on 3 Jan. Elliott: We are able to count a complete 5-waves move up, suggesting the trend could reverse soon, or has reversed already. Oscillators: The Stochastic is overbought and the RSI shows a bearish divergence. Geometry: The channel median provided resistance on 3 Dec and might do so...
Shares of HP climbed 10% to a new all-time high following the company`s Q4 financial results last week. The company's revenue increased 9% from a year earlier to $16.7 billion, surpassing forecasts by $1.3 billion. Adjusted earnings rose 52% to $0.94 per share, six cents exceeding expectations. HP did not provide exact earnings estimates for fiscal 2022 but...
Wouldn't it be cool to have the option of market profile charting here at TV? HPQ shows a very interesting daily bar, stopping the big decline it has shown for some time. In the coming days I'll determine the directional bias in the comments, for now this chart remains neutral.
Weekly charts of four of the biggest holdings of the Ark £PRNT etf