Shares of Hewlett Packard Enterprise (NYSE: VIE:HPE ) surged by 5.75% during Tuesday’s trading session following an upgrade from Bank of America. The tech giant’s stock received a boost as analysts cited numerous catalysts ahead, including AI-driven growth, cost-cutting measures, and revenue synergies from recent acquisitions. Bank of America upgraded the stock...
Hewlett Packard Enterprise (NYSE: NYSE:HPE ) recently reported its fiscal third-quarter earnings, showcasing a mixed bag of results driven by strong AI demand but tempered by other segment weaknesses. Despite beating revenue expectations, HPE's stock saw a dip in extended trading, reflecting a complex balance between growth potential and market...
If you haven`t sold HPE before the previous earnings: Now analyzing the options chain and the chart patterns of HPE Hewlett Packard Enterprise Company prior to the earnings report this week, I would consider purchasing the 19usd strike price Calls with an expiration date of 2024-9-6, for a premium of approximately $1.07. If these options prove to be profitable...
As shown on the one-hour chart, in the last trading session, HPE broke out of its usual trading the range being the blue high-volume area on the profile. This is with increased volatility as shown by the indicator and the large top wicks on the rising green candles. Why did this occur? Were traders simply buying anything in the IT sector vaguely related...
DELL reported earnings 27% beyond the estimates and traders reacted. The indicators show that relative volume was about 10X the running moving average. The RSI dual time frame indicator ( by Chris Moody) showed a 50-level cross-over on 2/22 one week before earnings. That was the best early entry and price is up 20% higher since then. The question is whether is...
DELL has risen and is now at its all time highs. Apparently, its server intrastructure business this thriving. It is chasing SMCI and does not have the high valuation ratios that make SMCI look overextended. The indicators document the up trending price action. A price forecast algorithm has DELL rising into a high pivot on April 18th with 35% upside to...
Hewlett Packard Enterprise ( NYSE:HPE ) is reportedly in advanced talks to acquire Juniper Networks ($JNPR.) in a deal valued at approximately $13 billion. This strategic maneuver aims to fortify HPE's position in the evolving AI space and capitalize on Juniper's expertise in AI-driven networking and security technologies. The Dynamics of the Deal: The potential...
Hewlett Packard Enterprise (HPE) and Nvidia, two industry giants renowned for their cutting-edge technologies, have joined forces to build a groundbreaking full stack generative AI solution. This collaboration is set to revolutionize the way we approach AI, opening up new realms of possibilities and transforming industries across the globe. By combining HPE's...
HPE is revisiting the supply zone, marking an excellent selling opportunity. We're seizing this chance to go short at the current price. Our outlook suggests a significant price decline, with focus on two support levels: one around the double Fibonacci near $14.2 and the other at the key demand zone around $13.8. This aligns with the downtrend trendline, expected...
Undoubtedly, HPE is on an upward trajectory. The support has remained robust, and the bulls have successfully breached the resistance. This suggests a dominant buying momentum, and the chances of continued upward movement are substantial. We're seizing this buying window, anticipating a swift surge. With a relatively high RR, we're prepared for all...
Analyzing the options chain and the chart patterns of HPE Hewlett Packard Enterprise Company prior to the earnings report this week, I would consider purchasing the 16usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $1.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
After HPE has formed a double top, we might be witnessing a long-term trend reversal, from up to down. Yet the price is likely to stay within the range for some time and we are aiming for the bottom of that range.
We are shorting from now and expecting a strong correction, unless a new higher high will be produced.
Head and shoulders patterns everywhere! The left head and shoulder pattern is the structure for the larger left shoulder! Pretty cool
2.27% Price Increase (Break Out Candlestick) 2.98% Price Increase (Retest Candlestick)
After a long inverted head and shoulders formation on HTFs, the price came to the top of the structure. Now it's reaccumulating on LTF, to break out above 15,40 and then continue above 16,00 once it reaches that level. Inverted head and shoulders and Wyckoff is in play. There's a possibility that the price will move around a bit, before reaching 15,40 though, so...
HPE Entry Price 15.46 EMA 10 Close Price 15.23 EMA 20 Close Price 15.14
HPE (Hewlett-Packard Enterprise) H4 Chart 14.78 EMA 10 Close 14.74 Close 14.64 Horizontal Support Resistance 14.64 Fibonacci Retracement at 23.6% 14.62 EMA 20 Close Daily Chart 14.72 Close 14.64 Horizontal Support Resistance 14.64 Fibonacci Retracement at 23.6% 14.63 EMA 10 Close 14.48 EMA 20 Close