HP (HPQ) shares of the Tech name are sporting a bullish flag as it has formed a tight squeeze pattern above its key moving averages and last week held a test of the 55-day MA. HPQ had an inside day candle on Thursday but closed at the highs nearly and looks poised to break out above monthly value area at 37.60 for a likely move to 40. Earnings are not due until 11/26 so has time to run higher before that. HPQ still has over 25,000 January $37 calls in OI from buyers most recently on 10/3.