HPQ is approaching its very solid support On a 6-month chart, we can clearly see the ascending corridor of HPQ. We connect the lowest points to determine the support of the ascending corridor and we can predict that the SP will not go lower than $1.08. And if we ever break through this support (which would surprise me greatly) then there is another support at $1.01.
Anyway, the last 2 days decline is due to the stock market in general and not because of HPQ/PYR.
The Director of the FED (POWELL) is scheduled to give a speech on inflation tomorrow and this is driving the stock market down in the meantime. That's all. He is not going to raise interest rates to fight inflation, that is almost certain. So, it will go up after his meeting.