Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Hewlett-Packard's stock kept rising in the intraday levels, scoring a fresh profit of 1.70% in the last session, or 0.43 points, with the dominance of the main upward trend in the medium and short terms, coupled with positive signals from the RSI, in addition to positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the resistance of 26.02, as long as the support of 24.69 holds on.
Expected trend for today: Bullish