Jake Wujastyk: HPE has bounced in this % Range position previously

Jake Wujastyk: HPE has bounced in this % Range position previously
HPE often rebounds at this % Range

HPE has previously bounced when the percentage Range indicator reached its current position. Jake Wujastyk, founder and CEO of TrendSpider, shared this observation.

Wujastyk has previously flagged technical signals in other markets. He observed that TLT's extreme oversold RSI and bottom doji patterns have served as reliable reversal signals over the past two years. Wujastyk also reported that Russell 2k futures posted nine consecutive weekly losses earlier this year.

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