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Home » Analysis & Forecast » HPQ Wave Analysis – 18 November 2025

HPQ Wave Analysis – 18 November 2025

HPQ: ⬇️ Sell– HPQ broke support level 23.50– Likely to fall to support level 21.20HPQ recently broke the support level 23.50 (former monthly low from June, which stopped wave (B) of the previous long-term ABC correction 2 from April).The breakout of the support level 23.50 accelerated th…

UpdatedNov 19, 2025
1 mins read

HPQ: ⬇️ Sell

– HPQ broke support level 23.50

– Likely to fall to support level 21.20

HPQ recently broke the support level 23.50 (former monthly low from June, which stopped wave (B) of the previous long-term ABC correction 2 from April).

The breakout of the support level 23.50 accelerated the active impulse wave 5 of the intermediate impulse wave (3) from October.

Given the strong daily downtrend, HPQ can be expected to fall further to the next support level 21.20 (former multi-month low from April and the target price for the completion of the active impulse waves 5 and (3)).

Source: https://fxpro.news

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