Hewlett-Packard attacks pivotal resistance - Analysis - 05-09-2018

Hewlett-Packard's stock rose in the intraday levels, tackling the pivotal resistance of 24.69, amid positive support from the 50-day SMA, with the complete dominance of the main upward trend in the medium and short terms, coupled with positive signals from the RSI, scoring thereafter a profit of 0.65% in the last session, or 0.16 points. 

Therefore we expect more gains for the stock, especially if the resistance of 24.69 was breached, targeting the next one at 26.02. 

Expected trend for today: Bullish