
Bought HP based on moving average breakout with the latest two bars at that time being above the upper channel. Also verified MACD being positive. The oil drillers sector has been doing well since December. The recent ER meeting Wall Street expectations was not enough to give the stock any boost. The stock languished, and its MACD eventually crossed over below zero.
Broker:Schwab
| Date | Price | |
|---|---|---|
| Entry | 4/19/2018 | 73.60 |
| Exit | 4/27/2018 | 70.4114 |
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- Percentage-4.33%
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