HPE is setting up well for a BO, I just took a position in the aftermarket (primarily based on todays volume, candle and the base we have formed) . I don't like the looks of its relative strength but most similar stocks are in the same boat at this time given the current trading environment and we closed strong overall today .
Note
Stop @ 15.59, forgot to show on chartNote
HPE showed good relative strength today , and that volume looking good .Note
Added more , same stop as priorNote
Just an update .Still have all my shares but price action is loosening and selling is picking up . I think this stock could benefit from a shakeout perhaps around the $15.40 area . I think that would be healthy . Though it would stop my positions out , a quick recovery from an event like that could reduce weak holders while allowing a move out of this base. Lets see what happens , certainly an interesting one .
艾力克~
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艾力克~
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.