paintek

HP short idea - Bounce on 200MA

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NYSE:HPQ   HP Inc.
HPQ bounced back from 200MA. RSI and Stochastic RSI are in the overbought area. I am expecting a bearish reversal here on the D1 chart.

Entry strategy: wait for a bearish confirmation candle which cross below 22.57


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Trade stängt: målet nått:
Nice profit. Congrats everyone who followed this idea.

If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
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