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.%
1.1148
-0.0096
0.8525%
1.2901
-0.0101
0.7753%
14.909
-0.095
0.635%
65.572
1.562
2.440%
74.57
0.06
0.08%
1273.670
-2.030
0.159%
 
 
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