HPQ
Direction les 16$La tendance est clairement haussière pour HPQ qui a cependant subit une chute le 14/10 suite à une annonce de suppression de postes. Cela ne change rien à la bonne santé de la société et à ses exploits depuis sa' séparation avec HPE. Direction les 16$.
Attention cependant aux' présidentiels US qui auront lieu la semaine prochaine et qui pourrait avoir un impacte.
HPQ: Long term proposition?HPQ traced a quarterly time at mode trend signal, with two possible long term targets: 26.31 and 29.59.
Right now we're at a significant earnings support level, so we can go long risking $1 per share. I wouldn't use a stop loss here. Alternatively, you can size this trade as a long term position, entering gradually over a few days, investing 1-2% of your capital in it.
Good luck!
Ivan Labrie.
HPQ Long Trade Plan Based on DemandSame reasons as AXP trade...
With the S&P trending up and at weekly demand, and HPQ basically
mirroring it, having pulled back to an objective level of weekly
demand from the pivot low in mid oct 2014 where price
rocketed off. I am hoping that there will be some unfilled
buy orders or a large enough supply/demand imbalance to push price
higher. My entry on this trade will be a tick above 38.00
Should it trigger I will use a time stop as IMHO if momentum doesn't
step in shortly it probably isn't there.
HPQ - Will it get it's legs back?The volume has been on the low side recently. The EMA’s are headed higher with bullish separation and angle. The SMA’s are headed bullish. Stochastics are giving a buy signal in the (slight) overbought territory, but they have room to move if needed, RSI is headed higher and isn’t oversold quite yet and MACD is catching up with itself to eek out a sell signal, but right now it hasn’t. BB are converging and looking to be broken if the trigger is hit. ADX is resting around 33 with room to run. R:R would be almost 1:1.5.
Trigger $38.30
Stop is $35.98 (could get away with $36.54)
Target is $41.50.
Not a good R:R.
Sell Zone in HP after breaking down two ascending channelsThis setup is part of the Weekly Markets Analysis newsletter - goo.gl
$HPQ experienced a strong breakdown of its trading channel in the Mid October sell off.
Since than the stock bounced from the 200 SMA line (see in the blog post) and traveled inside a very tight ascending channel all the way to test the 37$ resistance zone.
Last week the stock broke down below the tight channel. Despite the latest push higher, the stock is still testing broken channel and important resistance zone - That gives us potential sell zone.
Hewlett Packard Daily (18.08.2014) Tech Analysis EMAThis week we will see the EMA (50,100,200) and MACD,RSI for various diagrams.
The Hewlett Packard Share (HPQ) Daily Diagram Technical Analysis Training shows the following:
The HPQ share has made a bullish engulfing last Friday. There is a sense of bull market because the EMA 50 is above EMA 100 & EMA 200 and EMA 100 is above EMA 200 too.
MACD however has a narrow negative divergence and now has given a bear signal above the zero line. RSI moves to 50.
The fib has a 2.618 level of resistance for two local tops @ $35.78.
MACD & Candlestick pattern say short for EMA 50 first and EMA 100 secondly.
Stop loss above 35.78.
Hewlett Packard Daily (11.08.2014) Technical Analysis TrainingThe Hewlett Packard (NYSE:HPQ) Daily Diagram Technical Analysis Training shows the following:
The HPQ share has made a long term development with the support of the trend line (light blue) for 7 months. This support line is over the KUMO, which means that the HPQ is bullish in long term (from January 2014). The weekly diagram shows bullish trend. The monthly has got itself into the KUMO beating the $35 resistance.
So the first think in mind is that HPQ is bullish for $35.72 as a price target of 2.618 of fib for 2nd time. MACD is turning bullish and RSI too. The volume is the usual.
We have no special candlestick pattern. The share is above the KUMO and above the Kijun Sen (blue line) and the Tenkan Sen (light green line) too (it has to close above it today otherwise it will make some consolidations).
There is no special pattern. The fib from $20.66 to $26.44 shows a 2.618 top at $35.78.
Long for 35.78 first. Stop loss only under the Kijun Sen.
Hewlett Packard Daily (28.07.2014) Technical Analysis TrainingThe Hewlett Packard (NYSE:HPQ) Daily Diagram Technical Analysis Training shows the following:
The HPQ share has made a long term development with the support of the trend line (light blue). This support line is over the KUMO, which means that the HPQ is bullish in long term (from January 2014). The weekly diagram shows bullish trend. The monthly has got itself into the KUMO beating the $35 resistance.
So the first think in mind is that HPQ is bullish for $35.81 as a price target of 2.618 of fib. MACD is bullish and RSI too. The volume is the usual.
We have no special candlestick pattern. The share is above the KUMO and above the Kijun Sen (blue line) and the Tenkan Sen (light green line) too.
There is no special pattern. The fib from $20.66 to $26.45 shows a 2.618 top at $35.81.
So MACD signal, RSI and last Friday's movement show the bullish way for the share once again. Be careful at 35.81 and for MACD divergence's development. If the share breaches this level sharply then stay long. Otherwise stay aside for a while.
Hewlett Packard Daily (19.07.2014) Technical Analysis TrainingThe Hewlett Packard (NYSE:HPQ) Daily Diagram Technical Analysis Training shows the following:
The HPQ share has made a long term development with the support of the trend line (light blue). This support line is over the KUMO, which means that the HPQ is bullish in long term. The weekly diagram shows bullish trend. The monthly has got itself into the KUMO beating the $35 resistance.
So the first think in mind is that HPQ is bullish for $35.72 as a price target. MACD is bullish and RSI too. The volume is moderate.
We have no special candlestick pattern. The share is above the KUMO and above the Kijun Sen (blue line) and the Tenkan Sen (light green line) too.
There is no special pattern. The fib from $20.70 to $26.44 shows a 2.618 top at $35.72.
So MACD signal, RSI and last Friday's movement show the bullish way for the share.
Hewlett Packard Daily (10.07.2014) Technical Analysis TrainingThe Hewlett Packard (NYSE:HPQ) Daily Diagram Technical Analysis Training shows the following:
The HPQ share has made a long term development with the support of the trend line (light blue). This support line is over the KUMO, which means that the HPQ is bullish in long term. The weekly diagram shows bullish trend but an overbought RSI. The monthly is on a resistance of the KUMO at $35.
So the first think in mind is that $35 as you can see is a resistance (daily local top too) in monthly diagram. So it is a strong long term resistance. MACD is bearish and RSI is neutral. The volume is moderate.
We have a bullish engulfing candlestick pattern. The share is above the KUMO and under the Kijun Sen (blue line) too. Today the share fight with the Tenkan Sen (light green line).
There is no special pattern. The fib from $20.70 to $26.44 shows a 2.618 top at $35.72.
Today the share breach again above the support line. So I think that the bullish engulfing candlestick pattern and the breach of the support line shows that uptrend is back.
Hewlett Packard Daily (23.06.2014) Technical AnalysisThe Hewlett Packard (NYSE:HPQ) Daily Diagram Technical Analysis shows the following:
The HPQ share has made a long term development with the support of the trend line (light blue). This support line is over the KUMO, which means that the HPQ is bullish in long term. The weekly diagram shows bullish trend but an overbought RSI. The monthly is on a resistance of the KUMO at $35.
So the first think in mind is that $35 as you can see is a resistance (daily local top too) in monthly diagram. So it is a strong long term resistance. MACD is weakening its bullish force and RSI too. The volume is moderate.
We have no special candlestick pattern. The share is over the KUMO and the Kijun Sen (blue line) too. The last week decline stopped on the Tenkan Sen (green line).
There is no special pattern. The fib from $20.70 to $26.44 shows a 2.618 top at $35.72.
So I think that the critical point is the Tenkan Sen – Kijun Sen – Trend Support Line. If the share reacts on Monday and Thursday, we will have continuation of the bullish trend and have to check the analysis again at $35.72.
But if the share continues to decline (more possibilities) on Monday then the support prices is $33.22 first and $32.69 next.
I think that in short term view we have a change of the trend to bearish towards to KUMO.
Hewlett Packard Weekly (23) Chart Technical AnalysisThe Hewlett Packard (HPQ) weekly chart shows the following signs:
I expect that the stock will continue the bullish movement (as we said last week too) until the first resistance line at $37 for some consolidation there as I had said in previous week analysis. .
For more info look at the link to related ideas following (Weekly (22 & 21) tech analysis).
Hewlett Packard Weekly (22) Chart Technical AnalysisThe Hewlett Packard (HPQ) weekly chart shows the following signs:
I expect that the stock will continue the bullish movement until the first resistance line at $37 for some consolidation there as I had said in previous week analysis. .
For more info look at the link to related ideas following (Weekly (21) tech analysis).
Hewlett Packard Daily (26.05.2014) CHART TECHNICAL ANALYSISThe Hewlett Packard (HPQ) daily chart shows the following signs:
The Price of HPQ after earnings and forecasting announcements last week, make a 6,1% bullish movement last friday.
The MACD has given a bullish sign and the RSI too. The Stock is over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen. Last time that HPQ made such a bullish candle was on 10.10.2013 that get over the Kijun Sen.at $22.40 (and you can see what happens from then).
I expect that the stock will continue the bullish movement until the first resistance line at $37.32 for some consolidation there because the last Friday movement was too bullish.
Hewlett Packard WEEKLY (21) CHART TECHNICAL ANALYSIS The Hewlett Packard (HPQ) weekly chart shows the following signs:
The Price of HPQ after earnings and forecasting announcements last week, make a 6,1% bullish movement last friday.
The MACD has given a bullish sign and the RSI too, reaching overbought levels. The Stock is over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the bullish movement until the first resistance line at $37 for some consolidation. Technicaly if the stock follows the cup with handle pattern then in long term it will reach the 100% projection of $13 to $29 from $29 to ($29+$29-$13)=$45