Hewlett-Packard readies to tackle pivotal resistance - Analysis - 20-07-2017

Hewlett-Packard's stock (HPQ) rose anew in the intraday levels, scoring a profit of 1.69% in the last session, or 0.31 points, while trading within an ascending price channel that limited recent trading, with positive support from the 50-day SMA. 

Therefore we expect more gains for the stock, as long as the support of 17.05 holds on, targeting the pivotal resistance of 19.42.