HPQ update

I called a top on HPQ in this post (and the one that it back links to) and I want to provide another view of the data.  The model below shows a clear 5 waves down into late 2012 and that we have had a clear a-b-c reversal since then.  The C wave is now about the same length as the A wave of the bounce and the chart is at the 61.8 fib retracement level.  So there are several technical indicators which expect a near term peak in the share price of HPQ.   Now we have to see if it will break back into the body of the rising wedge or not.  If it does that it will be the initial confirmation that the bull market is over for HPQ shares.