Hewlett-Packard attacks current resistance - Analysis - 08-11-2018

Hewlett-Packard's stock surged 2.37% in the last session, or 0.59 points, tackling the resistance of 25.48, with positive support from the 50-day SMA, coupled with the dominance of the main upward trend in the medium and short terms. 

Therefore we expect more gains for the stock, especially if the resistance of 25.48 was breached, targeting the next pivotal one at 27.08. 

Expected trend for today: Bullish