Hewlett-Packard dominated by downward wave - Analysis - 12-12-2018

Hewlett-Packard's stock fell 1.66% in the last session, or 0.38 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI, while hurt by piercing the upside trend line recently in the short term. 

Therefore we expect more losses for the stock, as long as it settles below 22.84, targeting the support of 21.04. 

Expected trend for today: Bearish