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TRADE THE CHANNEL
Hewlett Packard Enterprise Company
Long
TRADE THE CHANNEL
By bullishmoon
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Updated
Sep 26, 2018
2
Sep 26, 2018
HP has been held in an upward channel for a while. If we bounce of the support line, expect to reach somewhere around $17.50 in the coming week.
RSI looks like it will hold support and MACD is positive.
Sep 26, 2018
Note
I meant to say it looks like it will reach $17.50 in the coming weeks.
Sep 27, 2018
Note
Resistance has been broken, so the target is now obsolete
Sep 27, 2018
Note
** support has been broken
Technical Indicators
Parallel Channel
Trend Analysis
bullishmoon
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