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)
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