OptionsPlay DailyPlay

The bearish DailyPlay we chose for Tuesday July 7th is Hewlett-Packard Company (HPQ). HPQ is part of the Technology Sector (XLK). Over the last month, XLK has experienced a 3.82% move lower as both 1-month and 6-month trends are bearish.

Hewlett-Packard Company continues its strong bearish trend as it continues to move lower towards its 52-week low. HPQ is showing negative momentum with a technical score of 1 (out of 10) as it looks positioned to make new lows.

View this trade idea on $HPQ