HP preferred buys are on dips.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
Resistance: 30.34 / 31.09 / 32.00
Support: 29.34 / 28.30 / 28.00
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