Hewlett-Packard Trading Analysis (03/02/2025)
The general trend is upward. The stock trades in the range between 365 and 135 EMAs. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator. The Stochastic Oscillator's MA has left the oversold zone.
Trade idea:
- Buy on the breach of 21.55.
- Stop-loss at 20.34.
- Price targets at 23.00 and 24.20.
#hewlettpackard #hp #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
