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

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.
 

Trading advice:

Buy at the breach of 16.96.

Stop-Loss: 16.57.

Target price levels: 17.50, 18.05.

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