Hewlett Packard Enterprise Company Stock Code HPE.NYS
Outlook
The price managed to stay above the cloud during a price correction, keeping the uptrend intact. Conversion line and Base line are about to have a crossover. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend ahead. If price is able to stay above the cloud, it could be heading towards the resistance at $17.62.
Strategy
$15.60 Buy
$17.60 Price Target
$14.80 Risk Management Stop
3 weeks Trade Duration
