SamSuka
The Long Investor
The Long Investor

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$HPQ - WATCHLIST -

This chart caught my eye this morning and boy is it beautiful!

1. So we have Wave 2 coming back to hold at the 0.618 Fib and bouncing - perfect.

2. An ascending wedge is then formed perfectly with a slight break out today in the PM.

3. Above the 50 and 200 Day MA's now.

4. A bullish cross of the 50 Day across the 200 Day MA.

5. PE of 11, FWD PE of 8.

6. Buffet has invested here.

Could we ask for a better set up?

$HPQ - WATCHLIST -

Comments

HPQ

Gareth Neary

Is it HP or HPQ?

Alex

Are u buying today!?

Dan G


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