Hewlett-Packard tries to vent off overbought saturation - Analysis - 15-02-2019

2019-02-15 13:57:44 GMT (Economies.com)
Hewlett-Packard tries to vent off overbought saturation - Analysis - 15-02-2019
 

Hewlett-Packard's stock fell 0.39% in the last session, or 0.09 points, while venting off overbought saturation in the RSI, as it gathers momentum to help it rise anew, while buoyed by piercing a descending price channel that guided recent trading, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to rise and target the resistance of 24.17, as long as the support of 22.54 holds on. 

 

Expected trend for today: Likely Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1221
-0.0052
0.4599%
1.2503
-0.0072
0.5722%
16.211
0.993
6.525%
55.748
-4.585
7.600%
62.83
1.06
1.72%
1425.365
9.870
0.697%
 
 
News Today