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American Stocks Analysis
May 28, 2024 7:48 AM

HP INCs stock price rose in the intraday levels, amid the dominance of the main upward trend in the medium and short term, with positive pressure from the 50-day SMA, while improving after recent profit-taking, with the RSI reaching oversold levels.

Therefore we expect more gains for the stock, targeting the pivotal resistance of $33.90.

Trend forecast: Bullish

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