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HP forms 200 Day Moving Average Resistance on July 6
HP posted a 2.48% loss on Monday, July 6th, accompanied by 1.1× normal trading volume. The session formed a 200 DMA Resistance, often signaling a possible continuation. Key support levels exist at 30.01, 29.5 & 28.6, with resistance at 31.42, 32.32 & 32.83. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of HP: D
Just a sneak peek — check SwingTradeBot.com for the full story on HP.
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