24.12.2014 - The price of Hewlett-Packard has reached the upper limit of the channel

The stock price of Hewlett-Packard continues to update highs, currently quotations have overcome the local maximum at 39.50 and continued to rise to the upper boundary of the channel. At the moment, there is a possibility of a downward correction with the closest targets at 38.00 and near the bottom of the channel. In case of continued growth target levels will be 44.00 and 48.00. The medium-term outlook is positive, but we do not exclude the price correction in the near future.

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