HP LONG ANALYSISMy bull in this bear market not much yield but thats cool
crazy to be seeking a long with this hardware firm when production going to be slow soon due to
global crisis effects on supply chain
SENNA SEASON
HPE trade ideas
$HPE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $HPE after a Positive Under reaction following its earnings release placing the stock in drift A.
HP (Hewlett Packard) downtrend is about to continueWe are right at the top of the descending channel. At the same time price is near the supply area. Interesting timing for sellers....
$HPE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $HPE after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 40%.
HPE - H&S GaloreHead and shoulders patterns everywhere!
The left head and shoulder pattern is the structure for the larger left shoulder!
Pretty cool
HPE: Tripple Bottom
- On daily time frame, macro uptrend
- Triple top formation from roughly Jan 14th 22 through end of March 22
- Triple bottom formation being formed now. Starting end of January 2022 forming at the beginning of April 2022
- HPE entering support zone between $15.35 and $15.68
- Upper level resistance at $17.46 to $17.75
- Uptrend/sideways action intact so long as no daily closure below support level
- Support at EMA 200 being tested and held
-RSI is also close to oversold territory. This will likely be in the buy zone (the support level)
- Purchase in buy zone (Current Support)
- Golden pocket of Fib in support zone
$HPE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $HPE after a Positive Under reaction following its earnings release placing the stock in drift A.
HPE Forecast: 2.98% Increase2.27% Price Increase (Break Out Candlestick)
2.98% Price Increase (Retest Candlestick)
HPE BreakoutWeekly chart. Breakout is possbile. not a huge return. but also supported by analysts' rating of $20 expectations.
HPE - WEEKLYHPE - Weekly Frame
This is not an advice or recommendation ....
Just a prediction...
Good luck and keep your eyes on your wallet and manage it very well...
Is it going down? What do you think?If you check the double top formation, the MACD level, and the Bollinger band you can see that now price will go down. But the 15.70 level looks like a strong support level.
HPE short limit order HPE may be into the latter end of a wave 5. The terminal wave in a trend pattern. Often the strongest and more persistent seeming leg. Very often a news accompanied move. If there's a huge swing up in this, I plan to short into that. And it will not matter what the news is at the time, I expect there to be bullish news. I'll take the bearish trade into bullish news.
HPE exhausting, down down!! DailyHPE is forming a HS and a bearish flag. The sentiment of the market is bearish, I'm not waiting to finish up both formations, there is no signal of bull power. Great risk and reward ratio on this early call. It can also go deeper but will see at that time.
Top Trade Ideas for January 2022Top trade ideas for 2022. We are seeing some mean reversion from names at the top and names at the bottom. One use of these charts. The other use is to see relative strength. I have scanned the market for these names. Now I sort them based on performance. This allows me to track the trends and performance. It also allows me to show opportunity cost.
HPE IS GOOD TIME TO TAKE PROFIThpe is good time to take profit till next company meeting and devidend.
Possible Inverse head and shouldersThere is a possibility for inverse head and shoulders on HPE.
Wait the retest on neckline.
Stop loss under the head
HPE HS Break with back testAs described in title. Mid to long term swing. Head and shoulders break with backtest.
HPE reaching the top of the inverted H&S / possible LTF breakoutAfter 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 only time will tell. I'm counting on this happening within the next few days.
HPE (Hewlett Packard Enterprise Company) Target Price 15.89HPE Entry Price 15.46
EMA 10 Close Price 15.23
EMA 20 Close Price 15.14
HPE Target Price 15.89HPE (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
SECOND POSSIBLE SCENARIO FOR HP! DISTRIBUTION!Hello my beauties.
We will wait for the price to move towards the top of the range and give us some more indications. I tend to think that HP is going to show strength regardless, but I would like to react to the price rather than predict it. What looks like a Spring (quick weakness in the price followed by a rapid recovery within the range). The price might also provide the Wyckoff events outlined in this analysis, so we still need to wait for some more information before we can delineate a clear trade setup. Remember that the lines don't intend to predict price action exactly, rather give us a general view of the events that will follow based on the Wyckoff trading strategy.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
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Peace.
Luca, TrickleDownFX
TWO SCENARIOS FOR HP ACCUMULATION OR DISTRIBUTION?Hello my beauties.
I think HP might be accumulating. The range is clearly defined, but we need to understand whether this was a spring or a sign of weakness. Regardless, we will wait for the price to react to the top of the range by whether breaking it and retesting it successfully, or by breaking out and quickly recovering beneath the red line.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Potential 2Down 2Up Weekly Reversal For HPE Potential 2Down 2Up Weekly Reversal For HPE : Per the Strat, this week I'm watching ticker HPE (Hewlett Packard Enterprise CO) for a weekly entry trigger at 13.60 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 14.41 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for exhaustion risk to the upside if it continues up after the original 14.41 magnitude.
