22.10.2015 - Hewlett-Packard may continue to rise after correction

The price of Hewlett-Packard after the recent strong growth, corrected downwards to the support at 28.10 and currently is consolidating above it. In case of breaking this mark, quotations will continue to decline to 27.00 and 25.00. On the other hand, at the moment there is a high probability of a rebound of quotations to the important level of 30.00, the overcoming of which will be a signal of new uptrend formation with upside potential to 35.00. We expect growth of quotations in the near future.

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