HPQ is trading just slightly above the suggest stop area so if you took the trade and were stopped out, best to let it go. The stock is still likely to reverse soon and if it breaks below this support level on the 1 minute chart, it will most likely continue down to backtest the top of today’s gap. If that happens and HPQ continues much below today’s lows (into the gap) odd are that gap will be backfilled rather quickly. I’m going to go ahead move this trade to the complete trades category as a stopped out trade but will keep an eye on it for any signs of a solid reversal. For those giving the trade a little more room over the suggested tight stop, keep an eye out for a breakdown of this 1-minute rising wedge pattern.
