HP Inc (HPQ) “On a long-term technical basis, the stock (HPQ) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 15.96 and 14.86. If the stock breaks down through support at 15.96 then it will probably continue lower to 14.86. The stock has resistance at 16.64 and at 17.54. If the stock breaks up through resistance at 16.64 then it will probably continue higher to 17.54. The 200-day moving average is at 18.38. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 15.96 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (48.48).”