By Tim - http://stockstobuy.org
The following is Hewlett-Packard Company (HPQ) stock technical analysis for August 27, 2010
Hewlett-Packard Company (HPQ) Support & Resistance Levels - 8/27/10
Resistance Levels: $39.77, $42,
Support Levels: $38, $37.08
Chart - http://www.stockcharts.com/
Hewlett-Packard Company (HPQ) rejected the 10 day moving average last week and is now headed down to test support. Hewlett-Packard won't make a sustainable rebound until the stock can close back above It's 10 day moving average now located at $39.77. Support can be found between $36.76 - $38 from early 2009. I think you can start buying Hewlett Packard down here below $40 for the long term. The stock has been crushed unfairly.
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