HPQ-stock to watch for tomorrow

Wednesday, March 23, 2011 ·


stock to watch for 3/24-HPQ
HPQ gained 0.79% on 03/23/11.
HPQ is trading in the range of $40.10 - $49.39 in the past 30 days.
Commodity Channel Index (CCI) is bullish for HPQ.
Money Flow Index (MFI) is bullish and moving up for HPQ.
HPQ formed a bullish 5-day simple moving average and 10-day simple moving average crossover.
The 10-day simple moving average is bullish and moving up for HPQ

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About this blog

I am a day trader. I think Day trading is more profitable than long term investment.For daytraders, there is one thing should always to remember- set a stop loss. In my first year in trading, I wasn't care about the stop loss,I lost a lot of money and I re-studied, watched and paper traded again.Then I made big profit return in my next two years.
Technical indicators is definitely a necessary tool for day traders and easy to learn, so I here to share my experience and provide you useful stock resource and online stock trading tips.
How do I trade:
Normally, I use combination of technical indicators such as MACD,slow stochastic, RSI,Moving average to pick the stock I want. I like to trade stock with support and resistance, or the stock with MACD and Slow Stochastic Divergence.