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Friday, September 2, 2011

Hewlett-Packard Company (HPQ) Stock Analysis 9/2/11

By Tim - http://stockstobuy.org

The following is Hewlett-Packard Company (HPQ) stock technical analysis for September 2, 2011

Hewlett-Packard Company (HPQ) Support & Resistance Levels - 9/2/11

Resistance Levels: $25.10, $26.46

Support Levels: $24.00

Chart - http://www.stockcharts.com/

Hewlett-Packard Company (HPQ) hit a high of $26.46 recently and has now dropped below the 10 day moving average. Hewlett-Packard Company (HPQ) will have resistance located at $26.46 on the upside. HPQ needs to hold $24 on a closing basis or we could face a retest of the $22.75 low HPQ is a buy on a break above $26.46 for a swing trade.

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