Hewlett-Packard's stock (HOQ) fell 0.39% in the last session after the pivotal resistance of 38.47 held on, while gathering positive momentum to help pierce that resistance, while venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA.
Therefore we expect the stock to rise and target the resistance of 42.00, provided the pivotal resistance of 38.7 was breached.
Expected trend for today: Bullish