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HPE forms Upper Bollinger Band Walk on August 5
HPE closed up 1.57% on Wednesday, August 5th, with volume running 0.5× below average. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 51.73, 50.25 & 48.8, with resistance at 54.66, 56.11 & 57.59. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of HPE: A
This might just be the start. See what else showed up for HPE today.
Read full article here »