A breakaway gap on a big surge in volume for HP Inc. (HPQ) has driven its shares up through its April peak to a new all-time high. The technical picture for HPQ had already been improving in recent weeks with the shares snapping out of a downtrend, breaking out of a bullish Falling Wedge pattern, regaining their 50-day average and finally, completing a bullish Ascending Triangle. Combined these signals confirm that accumulation has resumed in a big way.
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