By Tim - http://stockstobuy.org
The following is Hewlett-Packard Company (HPQ) stock technical analysis for September 1, 2010
Hewlett-Packard Company (HPQ) Support & Resistance Levels - 9/1/10
Resistance Levels: $39.49, $41,
Support Levels: $38, $37.08
Chart - http://www.stockcharts.com/
Hewlett-Packard Company (HPQ) is trading right around the 10 day moving average this morning as the stock market futures rise. Hewlett-Packard has resistance at the 10 day as well as $39.49. If Hewlett-Packard can close above $39.49, I think the stock can rally back to $40.50-$41 per share before hitting more resistance. HPQ has support located at $38 which must hold going forward.
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