Hewlett-Packard collects profits - Analysis - 30-03-2021

Economies.com
2021-03-30 10:26AM UTC

Hewlett-Packard's stock (HPQ) fell 1.86% in the last session on profit-taking, while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI.

 

Therefore we expect the stock to return higher, targeting the first resistance at 32.85. 

 

Expected trend for today: Bullish 

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