HPE trade ideas
Long (Short term)Going by a few pinbars, previous levels of support, fibonacci retracement - short term easy, long term potential - lets see how the tide rolls it
Analysis of HEWLETT-PACKARD 9.10.2019The price is below the moving average of 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero levels.
If the level of support is broken, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 16.15
• Take Profit Level: 15.15 (100 pips)
If the price rebound from the support level, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 17.00
• Take Profit Level: 17.50 (50 pips)
USDCHF
A possible short position in the breakdown of the level 0.9910
USDJPY
A possible long position at the breakout of the level 107.45
EURUSD
A possible long position at the breakout of the level 1.0990
GBPUSD
A possible short position in the breakdown of the level 1.2190
HEP JUMPS ON EARNING BEATInvestors finally have something to be bullish about, earnings beat estimates easily and the company is optimistic for the future.
The stock was down over 20% in 2019 but has had a nice 7% gain in the afterhours.
Much will depend on the earnings call, a possible entry for a long is $14.15, juts above near term resistance.
Short Trading Swing DownwardLong upper shadow and previous average Marabozu shows signs of downward pull; confirmed by oscillators
$HPE HEWLETT PACKARD ENT. READY TO PRINT $$$$$ FOR INVESTORSHPE LOOKS LIKE A LOVELY RISK REWARD LONG IN ITS CURRENT PRICE ACTION, WE SEE A INVERSE H&S FORMING ALONG WITH POSITIVE INDICATORS AND MORE POSITIVE
DEVELOPMENTS ON THE BUSINESS DEVELOPMENT FRONT.
Hewlett Packard Enterprise Horizontal purple lines above 18,58 are your targets / potential tops.
I don't advice to buy for the long term until we see a good uptrend above 18.58.
The vertical lines represent an expectation of a change in trend, a pivot high/low or start of a new bull market.
Q4 2020 is going to be very interesting.
HP Short on 0.618 pullback ??Reason to Short
1) Strong resistance
2) 0.618 = potential reversal
Stay tuned !
Coming out distribution phaseAll the information can be found on the chart
Also check out our YT channel .
My HP VersionI think due to low decline power and support line of Elliot line 3 was not breaked the HP should perform positive trend despite low volumes at not
TRADE THE CHANNELHP has been held in an upward channel for a while. If we bounce of the support line, expect to reach somewhere around $17.50 in the coming week.
RSI looks like it will hold support and MACD is positive.
End of Summer TrendsBeen thinking about Steve Jobs recently. Where the new wave of tech originated..
Hewlett Packard Enterprise: limited revenue growth opportunitiesHewlett Packard Enterprise Company (HPE) shares are trading at $16.53 prior to the earnings today. What's driving HPE's stock price? What's HPE's stock price forecast?
After its separation from HP Inc., HP Enterprise continued on the path of rapid divestitures, spinning out its enterprise services and software units along with other businesses and equity investments. This transformation has allowed the company to beef up its balance sheet and refocus its organization on the core traditional, on-premise hardware business, which consists of servers, storage, and networking--the mainstay categories of IT infrastructure.
www.finstead.com
HPE head and shoulders patternthe bulls next?
1) head and shoulders
2) ascending triangle
3) piercing line
BUY in bold red line
