Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Hewlett-Packard's stock (HPQ) rose anew in the intraday levels, scoring a profit of 1.69% in the last session, or 0.31 points, while trading within an ascending price channel that limited recent trading, with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, as long as the support of 17.05 holds on, targeting the pivotal resistance of 19.42.