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HP Hewlett Packard Company Stock Analysis
Picture worth a thousand words. From chart, price action has retest the same high and then break out for a further high. However, the price action after 2015 start to falling. If you use Garley Reversal Strategy you may find clues on why the stock price fail off the top.
Has the stock find a support? Will see.
August 6, 2015 Hewlett Packard Company Data Since 2012
Another Scenario HP Stock Analysis
From the chart below, if you overlay Gartley Reversal, you may see there is a probability of further bearish trend.
August 6, 2015 Hewlett Packard Company
Remember all setup can fail. So wait for market to show hand. You can buy or sell depending what the market info.
Thanks for visiting the website.
Moses
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