Hewlett Packard Enterprise Company
Long
Updated

TRADE THE CHANNEL

HP 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.
Note
I meant to say it looks like it will reach $17.50 in the coming weeks.
Note
Resistance has been broken, so the target is now obsolete
Note
** support has been broken

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.