HPE shows a bullish ascending triangle pattern targeting a breakout near 63.
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HPE is getting uh uh asked about here. >> I think HPE is X dividend today. Let me let me confirm that here. It is up 3.8%. This dipped right out of the open and immediately recaptured that went higher than the pre-market and yesterday's intraday high.
Let me check the dividends here for this. >> I I really think we're looking at a pretty good >> Yep. >> ascending triangle here. >> Stock was X dividend today. So, it paid out its dividend this morning.
That's already been bought up and gone positive. >> I just like this formation here of HPE on the daily chart. Um, you know, we
I just like this formation here of HPE on the daily chart. Um, you know, we haven't gotten uh beyond the uh high that we put in on June 2nd, but it looks like we're trading into an ascending triangle, which, you know, they're bullish.
So, uh, where's the breakout spot? Maybe somewhere it's somewhere in the six the early 60s, maybe 63, but um, that that's that's the formation I'm seeing here. And it looks like it's it wants to to go higher.
So, we get uh we get that move up to 63. Watch for a breakout.
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