years on the market

Trading Idea for Hewlett-Packard Co. (NYSE)

#HPQ

The overall trend is upward. The descending wave pattern of the H1 level is truncated. Awesome Oscillator shows a bullish divergence. The inclined channel of the descending pattern is broken. The moving indicators of Stochastic Oscillator came out of the oversold zone. The breakout of 32.43 will result in the formation of an ascending wave pattern within the overall uptrend.

Trading idea:

Buy at breakout 32.43.

Stop Loss: 31.18.

Target levels: 34.65; 35.93.

Other reviews

Choose your language