Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

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

HPQ breakout stock chart from


Stocks: HPQ