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Hewlett-Packard Trading Analysis (10/10/2023)

10.10.2023

Market Review

The overall trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator. The MA of the Stochastic Oscillator left the oversold zone.
 

Hewlett-Packard price chart as of 10/10/2023 with technical indicators

Trading advice:

Buy at the breach of 16.96.

Stop-Loss: 16.57.

Target price levels: 17.50, 18.05.

#hewlettpackard #hp #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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