Hewlett Packard Enterprise: Expected To Continue Rising Towards Its Next Resistance Level

Today’s instrument is the Hewlett Packard Enterprise stock traded in the NYSE exchange under the ticker HPE

If we look at the HPE chart, we can see that after a sharp fall from the level of around $16 to the level of around $14.30, it is currently trading at around $14.64.

Today, if the price continues to rise, it should test its resistance level at around $15. If able to pass it, then it should continue rising towards its next resistance level otherwise it should fall back towards its support level at around $14.50. 

(Click on image to enlarge)

Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.