August 23, 2013

Hewlett Packard chart update


  • HPQ managed to close a gap in daily chart and left another Gap in doing so.
  • Price has fallen below 20 week sma. Closing the week below this level may extend the fall towards lower bb in the coming weeks.
  • Daily chart shows price below 50 and 100 Day SMA. More weakness on price falling below 21.81 levels. 
  • EURUSD Channel and Resistance ZONE
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