HP Inc. up +29%: 2 of 3 targets already hit, now managing the runner

HP Inc. is at week 6 of a buy signal with a 29% gain from entry. 2 of the 3 statistical targets of our most advanced model have already been hit — the 1st at week 4, the 2nd at week 5 — and the stop has been moved to breakeven: trade risk is zeroed. The week closed bullish, but the last bar carries warning signals on the sustainability of the move.