Hewlett-Packard readies to pierce important support - Analysis - 21-09-2021
2021-09-21 12:00:22 GMT
(Economies.com)
Hewlett-Packard's stock (HPQ) fell 1.59% in the last session, settling at 27.24, while trading within a descending correctional price channel that guided recent short-term trading, with negative pressure from the 50-day SMA.
Therefore we expect more losses for the stock, targeting the support of 24.50, provided the support of 26.90 was breached.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1606
|
0.0036
|
0.3139%
|
|
|
|
|
1.3751
|
0.0123
|
0.9053%
|
|
|
|
Tadawul
|
11773.36
|
25.09
|
0.21%
|
|
|
|
|
23.335
|
0.700
|
3.090%
|
|
|
|
|
82.022
|
0.902
|
1.112%
|
|
|
|
|
84.86
|
0.86
|
1.02%
|
|
|
|
|
1767.855
|
13.150
|
0.749%
|
|
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