CFD Trading – Buy Hewlett Packard Enterprise Co. (HPE.NYS) @ $15.60. Stop @ $14.80 and Target @ $17.60

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

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