Hewlett-Packard Trading Analysis (17/09/2025)
The trend is up. The stock is trading between 365 and 135 EMAs on the H1 timeframe. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy when the ascending wave structure begins to form and wave A breaches the sloping channel of the descending, truncated structure.
- Stop-loss at 27.57.
- Price targets are 28.77 and 29.40.
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