ruben_rodrigues

$HP (Helmerich & Payne Inc): Price Action & Technical Analysis

NYSE:HP   Helmerich & Payne, Inc.
"The experience of the past leaves little doubt that every economic system must sooner or later rely upon some form of the profit motive to stir individuals and groups to productivity. Substitutes like slavery, police supervision, or ideological enthusiasm proof too unproductive, too expensive, or too transient."

Will Durant
The financial markets! Those deep and dodgy black boxes forums where dark magic comes to life and where savvy traders sell their souls in exchange for a profit (well in exchange for the opportunity to make a profit).



We're so indoctrinated to deem these tenacious operators as an incarnation of the devil that we fail to remember how ancient and unstoppable this inclination to speculate has been.



Don't ask me to articulate any further, but speculation has been so embedded in the history of civilization that it strikes me as natural decurrence from our nature as human beings.



It has been propelled by optimism about the future - otherwise why would you sacrifice or put at risk the assets you have now? The same optimism that has bounded us to achieve unimaginable things that you and I give for granted.



... and, now strictly in line with the quote I brought you today, it has endured through a whole bunch of alternatives ... which are ... not alternatives to say the least. Just like history has demonstrated over and over.



Next time you hear your leaders ditching on these evil figures ... think twice before nodding in agreement.



In line with our usual work, on the price action side, today I brought you $HP.

LINK IN BIO for full analysis.

Enjoy and indulge!
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