Hewlett-Packard's stock (HPQ) rose 1.85% in the last session, amid the dominance of the main upward trend in the short term, with support from the 50-day SMA, settling at 36.26, with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the important resistance at 38.45, provided the support of 34.80 holds on.
Expected trend for today: Bullish