* Excellent earnings year over year
* Strong up trend
* High 3-month relative strength of 2.29 in the Tech sector
* Breaking out of a ~10 month base
* Clean break with higher than average volume
* Currently 2.83% above the broken level
* Maximum probable ROI 44.94%
Trade Idea:
* You can enter now if you don't mind a little volatility and want to catch the bigger move.
* However, if you are looking for a better entry you can look for an opportunity around the $38.12 area.
* Strong up trend
* High 3-month relative strength of 2.29 in the Tech sector
* Breaking out of a ~10 month base
* Clean break with higher than average volume
* Currently 2.83% above the broken level
* Maximum probable ROI 44.94%
Trade Idea:
* You can enter now if you don't mind a little volatility and want to catch the bigger move.
* However, if you are looking for a better entry you can look for an opportunity around the $38.12 area.
Note
HPQ is still offering a great entry and did come back up as a signal to go long!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.