Hewlett-Packard returns higher - Analysis - 08-03-2021

Hewlett-Packard's stock (HPQ) returned higher with a 5.99% profit in the last session, amid the dominance of the main upward trend in the medium and short terms, with support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more gains for the stock, targeting the resistance of 32.85. 

Expected trend for today: Bullish