Hewlett Packard Stock's Death Cross Signals Trouble: Can AI Hype Save It?
1. HPE stock shows a 'Death Cross' signal indicating potential further declines. 2. Stock is down 23.24% year-to-date and 18.78% monthly. 3. Technical indicators reflect a strongly bearish trend despite AI collaborations. 4. AI partnerships with Nvidia may not immediately reverse negative momentum. 5. Investors advised to remain cautious due to ongoing selling pressure.