If you've followed me for a bit you will know that my go to setup is what I call the Setup 1.
It is a setup partially based on the Elliott Wave concept.
I am not that crazy 100% Elliottician ... I just like the Wave 5. :)
Here we have a setup 1 that I have been following for the last few months.
HP has finally broken out of the trading range (wave 4). Buy...
I cannot believe in my eyes, it did broke 00' dotcom ATH!!! and with very nice supports from all years behind, guys! This could be a good one on your watchlist!
Let me know if you need any support! I will appreciate donation with TradingView coins for more DM advice. Good luck trading.
Shares of HP climbed 10% to a new all-time high following the company`s Q4 financial results last week.
The company's revenue increased 9% from a year earlier to $16.7 billion, surpassing forecasts by $1.3 billion. Adjusted earnings rose 52% to $0.94 per share, six cents exceeding expectations.
HP did not provide exact earnings estimates for fiscal 2022 but...
there is a variant of the end of the correction and a variant of its continuation, so we are waiting for a safe breakout of the blue levels zone.
8/27/21 Morgan Stanley Downgrades Equal-Weight 31.0
8/09/21 Jefferies Initiates Coverage On Hold
4/16/21 Morgan Stanley Maintains Overweight 40.0
4/08/21 Morgan Stanley Maintains Overweight 39.0
2/26/21 Morgan...
NYSE:HPQ I have been monitoring unusual options activities for the past few weeks.
Calls VS. Puts Flow
Puts: 64.0K
Calls: 2.5K
Sweep Contracts: 50.1K.
Sweep Premium: $6.7M.
Total Contracts: 66.5K ( Sweep/Block ).
Total Premium: $10.6M.
HPQ testing the top of the descending triangle range and has very bullish sentiment. 8MA has recently been used as a common resistance and bounce right off it at the end of the day. Also the 20MA/26MA pointing upwards. $32 PT
Wouldn't it be cool to have the option of market profile charting here at TV?
HPQ shows a very interesting daily bar, stopping the big decline it has shown for some time.
In the coming days I'll determine the directional bias in the comments, for now this chart remains neutral.
The PEAD projected a Neutral outlook for $HPQ after a Negative Under reaction following its earnings release placing the stock in drift D
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The weekly chart for HP shows a sell signal. So if you in this stock, it should be an idea to take profit.
Sells on PC should be down trending 2021 after successful sells in 2020 til 2021 Q1. Everyone who make/made home office and needed a PC already has some.
So no new markets there and PC sold 2020 a lot. this could be the end of the trend.
Great stock, just looks a bit high. In my opinion, price will come down below support to correlate with its MACD more. From there, you can expect buyers to move in at a more attractive price. With HP continuing to set the standard for computing, conductors, technology, 3d printing and so on, they continue to give investors and traders what they want to hear. The...
There has been a RSI and MACD indication with the help of EMA and VWAP which tells that the price of HP should fall as thy are over brought.
The Stocks of HPQ are over brought and so the RSI shows its over valued so the price will short soon.
There is also an insider information which tells that HP has a debt, so the stock should and will fall.
