Hewlett-Packard touches SMA resistance - Analysis - 17-04-2019
Economies.com
2019-04-17 13:50PM UTC
Hewlett-Packard's stock tried to correct the main downward trend in the short term, touching the resistance of the 50-day SMA while the RSI reached overbought levels.
Therefore we reaffirm our negative outlook for the stock, especially if it settled below 20.33, targeting the support of 19.31.
Expected trend for today: Bearish
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