4D Capital, L.P     

Super Equity – HPQ

HP Inc. (HPQ) – Major Bottom Confirmed, Multi-Year Advance Ahead

Date: January 8, 2026
TPO Analytical Summary

Executive Overview

HP Inc. has likely completed an important mid-cycle bottom today, aligning precisely with our projected time and price targets. Price action near $20.65 appears to mark a valid inflection point. If confirmed, HPQ is positioned for a substantial multi-year advance into its next major cycle top.


Cycle Positioning

  • Bottom: ~$20.65 (January 8, 2026)

  • Structure: Mid-cycle bottom

  • Next Major Cycle Top: 2028–2029

The bottom arrived slightly later than anticipated but hit the target zone with precision, strengthening the validity of the signal.


Trading Framework

  • Entry: Near current levels

  • Risk Control:

    • Stop loss: $20.00

    • Exit on breakdown: $19.50 (signals shift toward lower targets)

As long as price holds above this band, the bottom thesis remains intact.


Upside Outlook

  • Primary Target: $50–$55

  • Upside Extension: Potential toward ~$60, supported by clustered mathematical turning points

While HPQ does not qualify as a Fast Mover or Super Equity, it presents a favorable asymmetric setup with defined risk and meaningful upside.


Conclusion

HPQ appears to have completed a well-defined bottom and offers a compelling risk-controlled long opportunity. Provided support holds above $20, the stock is positioned to appreciate materially into 2028–2029, with targets centered in the $50–$60 range.