descending triangle

2021年6月18日

This Descending triangle looks like we should see a bottom at about 70 cents. looking at the triangle it should have a breakout around 20th of July. The earnings update may also speed up the breakout if they have another phenomenal month/quarter. Based on the past it may be around the 10th or so. If this is the case the breakout price should be around 75 cents. HP is well below the ichimoku cloud already, consult your charts to look for your entry point. Please leave a comment on your thoughts.