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.%
1.1239
-0.0034
0.2994%
1.2448
-0.0127
1.0080%
16.012
0.794
5.221%
56.648
-3.685
6.108%
63.85
0.19
0.30%
1421.700
6.205
0.438%
 
 
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