Head And Shoulders In Hewlett Packard Forecasts Lower Prices
ARTICLE SYNOPSIS...Hewlett Packard (HPQ) completed a head and shoulders pattern that forecasts lower prices for this hardware manufacturer. Prices had not fallen much before hitting an old support level. But other factors suggest this is only a temporary stop in a longer-t
ARTICLE SYNOPSIS...In my previous article at the end of February I suggested that the small head and shoulders top pattern would have a pullback into the $17.00 area and then drop to the buy long position of $14.00. This short was profitable at that time and I prognostica
ARTICLE SYNOPSIS...Hewlett Packard had a tough time from 2010 through early 2013 but since then it has shown steady gains. It's recently flashed an impressive bullish chart pattern that's worth examining.