Hewlett-Packard strives to garner momentum - Analysis - 20-07-2018

Hewlett-Packard's stock (HPQ) fell in the intraday levels, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, recording thereafter a 1.44% loss in the last session, or 0.34 points, as the stock gathers momentum to help it rise anew. 

Therefore we expect the stock to return higher, targeting the resistance of 24.69, as long as the support of 22.45 holds on.