HPQ chart is a approaching the 50% fib retracement from dot bomb collapse

As you can see, stocks are not always in phase across all groups.  HPQ has actually been on the skids while the broader markets have been climbing.

But at major turning points, all the waves align to create "rogue waves" which is what I think the markets will bring us over the next 24 months. 

HPQ seems to be rushing toward a major top at which time it will turn back down.  Note that this top could either likely be at the 50% fib or the 61.8% fib.  The 61.8% fib is the case that I drew the ending diagonal in to address.  If it doesn't stop at the 50 then look for a break of the top green line, a kiss of the 61.8 and then a plunge back through the ending diagonal during the stock market vicious months of Q3.  I suspect (but without data a this point and so it's still purely speculative!) that the Earthquakes for the markets start some time before May and then perhaps a sucker's bounce into Q3 where October and September teach the markets what for once more.