HPE: Tripple Bottom

7 апр. 2022 г.

- On daily time frame, macro uptrend

- Triple top formation from roughly Jan 14th 22 through end of March 22

- Triple bottom formation being formed now. Starting end of January 2022 forming at the beginning of April 2022

- HPE entering support zone between $15.35 and $15.68

- Upper level resistance at $17.46 to $17.75

- Uptrend/sideways action intact so long as no daily closure below support level

- Support at EMA 200 being tested and held

-RSI is also close to oversold territory. This will likely be in the buy zone (the support level)

- Purchase in buy zone (Current Support)

- Golden pocket of Fib in support zone