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Hewlett-Packard muscles through negative pressures - Analysis - 11-03-2020
Hewlett-Packard's stock rallied 4.38% in the last session while hurt by exiting an ascending price channel recently, amid negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the first support at 18.49.
Expected trend for today: Bearish
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