By Mark Putrino
Publication Date: 2026-04-20 16:42:00
As you can see in the chart below, in September, the stock was in an uptrend. There were more shares to buy than to sell. This forced buyers to outbid each other to attract sellers.
This resulted in the stock trending upward.
When they reached levels around $25.75, sellers came out of nowhere. Buyers could buy as many shares as they wanted without having to raise the price any further.
Then the tide turned.
Some of the vendors became nervous and anxious. They were worried that buyers would go to someone willing to sell them shares at a lower price. As a result, they reduced their offer prices.
Other nervous sellers saw this and did the same. A bearish trend formed.
When this happened, many of the people who bought shares for around $25.75 regretted doing so. Some of them promised to sell their shares if they eventually broke even.
When Hewlett Packard hit this price again in March, these remorseful buyers placed sales…
