Overview This is a very brief price prediction for HP that will require further review, however, I found the opportunity too affordable to pass up and wanted to share my thoughts. Bottom line: the call options are very cheap and HPQ's chart screams potential for a lucrative trade. Trading Pattern HP ( NYSE:HPQ ) has formed a bullish flag on the 1D chart and...
Hewlett Packard Enterprise (NYSE:HPE) reported strong performance in fiscal year 2023, with record-breaking non-GAAP diluted net earnings per share and free cash flow, according to the latest earnings call. The company's Intelligent Edge and HPC and AI segments, as well as the HPE GreenLake platform, drove its revenue and profit growth. HPE also raised its...
HP | Helmerich & Payne, Inc. Energy | Oil & Gas Drilling | USA | NYSE HP chart in may-june 2023 finished its 4th wave. I expect $54 price till the end of the year - the 1st wave of the big 5th wave.
Hewlett-Packard, after making five macro waves up, has formed a Bearish Structure that can only be described as being a hybrid between a Diamond and a Head and Shoulders pattern, and along with that, it is also a combination of a Bearish Dragon and Bearish BAMM. All of this is happening after HPQ faced rejection off of the PCZ of a Bearish Crab going into its 5th...
If you haven`t sold HPQ here: Then analyzing the options chain and the chart patterns of HPQ HP prior to the earnings report this week, I would consider purchasing the 32usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $1.72. If these options prove to be profitable prior to the earnings release, I would sell at least...
HP Inc - 30d expiry - We look to Buy at 30.32 (stop at 29.32) The sequence for trading is higher highs and lows. Broken out of the triangle formation to the downside. The trend of higher lows is located at 30.20. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 32.82 and 33.32 Resistance: 31.50 / 32.30 /...
We are shorting from now and expecting a strong correction, unless a new higher high will be produced.
Hindustan Petroleum Corp. Ltd. engages in the business of refining crude oil and sales of petroleum products. It operates through the Downstream and Others segment. The Downstream segment deals with the refining and marketing of petroleum products. The company was founded on July 5, 1952 and is headquartered in Mumbai, India. Indian state refiners' gasoline sales...
HP Inc - 30d expiry - We look to Buy at 29.01 (stop at 27.81) Price action has formed a bullish ascending triangle formation. The sequence for trading is higher highs and lows. Trend line support is located at 28.75. Support is located at 29.00 and should stem dips to this area. A lower correction is expected. 28.53 has been pivotal. Our profit targets...
HP Inc - 30d expiry - We look to Buy at 28.36 (stop at 27.16) Price action has formed a bullish ascending triangle formation. The sequence for trading is higher highs and lows. Trend line support is located at 28.30. Previous resistance at 28.50 now becomes support. A lower correction is expected. We look to buy dips. Our profit targets will be 31.36 and...
HP Inc - 30d expiry - We look to Sell at 30.95 (stop at 32.15) The primary trend remains bearish. Levels above 31 continue to attract sellers. Expect trading to remain mixed and volatile. 31.09 has been pivotal. 31.02 has been pivotal. The trend of lower highs is located at 30.95. Our profit targets will be 27.95 and 27.35 Resistance: 30.30 / 31.09 /...
HP Inc - 30d expiry - We look to Buy at 27.77 (stop at 26.60) Further upside is expected although we prefer to buy into dips close to the 27.50 level. Trend line support is located at 27.50. A lower correction is expected. Preferred trade is to buy on dips. The stock is expected to outperform in its sector. Our profit targets will be 30.69 and 31.29...
Looking at the HPQ HP Inc. options chain ahead of earnings , i would buy the $28 strike price Puts with 2022-12-16 expiration date for about $1.00 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
HP Inc. is the largest U.S.-based manufacturer of personal computers and the second-biggest worldwide, with an 18.7% share of the global market. The company sells desktop and notebook computers, workstations, retail point-of-sale systems, displays, printers and hardware, and support and services. HPQ holds 27,000 patents and operates in 170 countries globally. The...
We are right at the top of the descending channel. At the same time price is near the supply area. Interesting timing for sellers....
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...