HPE is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
A clear signal has emerged for Hewlett Packard Enterprise (HPE) on the daily chart. The stock is trading at $47.69, up 0.1% on the day. Price action has carved out a classic Ascending Triangle. Volume is average (0.61x avg) with moderate trend strength (22.0). A potential breakout level is identified at $51.08, targeting $61.45 with support near $43.7 (R:R 1.4).
What is your outlook on HPE?