07.10.2015 - Shares of Hewlett-Packard can change the negative trend to the positive

The stock price Hewlett-Packard continued strong growth after failing to fix prices below the level of 25.00. Currently quotes broke through the upper limit of the downward channel and reached the resistance level at 28.00. Overcoming this level will be a signal for opening long positions with the targets at 30.00 and 32.30. In this case, a stop should be set below the level of 27.00. The fall is limited by the level of support at 25.00. We expect growth of quotations in the near future, but do not exclude the fall in the near future.

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