HP Inc Finds Resistance In Third Day Of Trading

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HP IncHPQ
shares are trading lower by a dime at $14.19 in Wednesday's session. The issue, which comprises the personal computer and printer component of the former Hewlett Packard, is now in its third day of trading. It bottomed off Monday's open at $12.41 and ended the day at $13.83. It closed higher in its second day of trading at $14.29, however, it appears to developing an early resistance at the $14.50 area. In Tuesday's session, it peaked at $14.50 and has found resistance ahead of that level at $14.43 in today's session.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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