HPQ — gap-reversal

Summary

Every characteristic points it should go up. It had steady good earnings the previous day. A 14.1% gap on such a big company is pretty big. It is on an uptrend on the daily chart. Tech services ir currently a strong sector. It starts to dip a bit on the open, you can enter as it bounces back up, breaking out of the pre market resistance and following the premarket uptrend. Selling half as it fills the gap and the rest when it does a bigger pullback to protect profits.