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HPQ The Next Leg Higher

|Includes:HP Inc. (HPQ)

Hewlett-Packard Co (NYSE:HPQ) starting to move higher today after almost a month of price consolidation, watch for breakout above 26.79.

Breakout Details

BREAKOUT WATCH for possible breakout above 26.79, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 28.85, 8.4% Stop: 25.8, Loss: 3%, Profit/Loss ratio: 2.8 : 1 - Good

Support and Resisitance

CURRENT PRICE 26.61, at resistance, 26.34 ± 0.45, type single, strength 1
RESISTANCE ABOVE None.

HPQ breakout stock chart from http://www.stockconsultant.com

source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=HPQ

Stocks: HPQ