Categories: Technical analysis

Hewlett Packard Wave Analysis – 2 December 2025

Hewlett Packard: ⬆️ Buy

– Hewlett Packard rising inside ABC correction 4

– Likely to reach resistance level 26.75

Hewlett Packard continues to rise inside the ABC correction 4, which started earlier from support zone between the support levels 22.00 and 23.50.

The price earlier broke the daily down channel from October – which strengthened the bullish pressure on Hewlett Packard.

Hewlett Packard can be expected to rise further to the next resistance level 26.75 (target price for the completion of the active wave 4).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
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