paintek

HP short idea - Bounce on 200MA

Short
paintek Updated   
NYSE:HPQ   HP Inc.
HPQ bounced back from 200MA. RSI and Stochastic RSI are in the overbought area. I am expecting a bearish reversal here on the D1 chart.

Entry strategy: wait for a bearish confirmation candle which cross below 22.57


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Trade closed: target reached:
Nice profit. Congrats everyone who followed this idea.

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