Hewlett-Packard amid positive outlook - Analysis - 22-04-2021

Hewlett-Packard's stock (HPQ) returned higher with a 1.59% in the last session, while gathering momentum and venting off overbought saturation in the RSI, with negative signals from the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the resistance of 35.00, provided the support of 32.50 holds on.

Expected trend for today: Bullish