Positive News From INTC Also Bullish for HPQ

This week’s upside acceleration in Hewlett-Packard Company (HPQ) has the right look of the initiation of a new upleg extension off of the post-EPS low at 31.01 that points to a next target zone of 36.30/70.

Only a sudden downside reversal and break below the prior pullback low at 33.14 will wreck the very constructive set-up.

Take Advantage Of Our Free
7-Day Trial, $71st Month Offer!
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!