The Hewlett Packard (NYSE:HPQ) Daily Diagram Technical Analysis shows the following:
The HPQ share has made a long term development with the support of the trend line (light blue). This support line is over the KUMO, which means that the HPQ is bullish in long term. The weekly diagram shows bullish trend but an overbought RSI. The monthly is on a resistance of...
The Hewlett Packard (HPQ) weekly chart shows the following signs:
I expect that the stock will continue the bullish movement (as we said last week too) until the first resistance line at $37 for some consolidation there as I had said in previous week analysis. .
For more info look at the link to related ideas following (Weekly (22 & 21) tech analysis).
The Hewlett Packard (HPQ) weekly chart shows the following signs:
I expect that the stock will continue the bullish movement until the first resistance line at $37 for some consolidation there as I had said in previous week analysis. .
For more info look at the link to related ideas following (Weekly (21) tech analysis).
The Hewlett Packard (HPQ) daily chart shows the following signs:
The Price of HPQ after earnings and forecasting announcements last week, make a 6,1% bullish movement last friday.
The MACD has given a bullish sign and the RSI too. The Stock is over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen. Last time that HPQ made such a bullish candle was on...
The Hewlett Packard (HPQ) weekly chart shows the following signs:
The Price of HPQ after earnings and forecasting announcements last week, make a 6,1% bullish movement last friday.
The MACD has given a bullish sign and the RSI too, reaching overbought levels. The Stock is over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will...
This is a paper trade, that I'm posting so I can review later. That's the only way to become better, by reviewing your trades. Weekly view here It looks weak.
The main idea for this trade is that HP retraced to its moving averages, and as you can see, everytime during this uptrend when prices retraced to the wave, it made for a very good entry point.
First...
HPQ is in a long term down trend in the weekly chart. It is in an uptrend since Dec-03-2012.
Currently it is at the end of wave C uptrend. Last week, it touched the upper trend line of the channel.
I am expecting the price to go down in hourly chart next week and potentially make the last leg up to touch the long term 50% retracement at $33.09.
Or maybe the...
Hewlett-Packard Company, together with its subsidiaries, provides products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises. A trader took a HUGE bullish stance today when a trader bought over 10,000 HPQ march 30.5 Calls for $.24. This trader has the right, but not...
-Bullish bottoming formation in the process
-Pattern is not confirmed yet, as a decisive break above the neckline with good volume levels is required now
-RSI Momentum breaks its bearish trend line
-MACD competes a bullish crossover
-If pattern is confirmed, ideal target would be around 44.50
-37.20 is another key resistance and possible conservative...
HPQ has been on the move lately, its at important resistance at the moment and given the continued momentum is likely to break out above it, macd zero crossing imminent. Two relevant targets are plotted which coincide nicely with swing support levels. Remember this is a monthly chart, so horizon is 3-6months here.
Flag/Pennant HPQ (long)
SL tight 22.80
SL normal 22.50
First TP 25.25
Second TP 27.30
third TP 32,-
Time to play out 4 weeks.
Its a low risk trade for a big reward.
ratings and comments will be appreciated.
Generally speaking, the best place to look for returns in the market in the short-term is in the trash bin. In this case, the "trash bin" is when a stock gets "thrown out" of an index. Often times, you can get in at a very low price where the logic and reasoning for exiting a position isn't for long term considerations. Buyers hold back from buying HPQ because...
