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Wednesday, August 25, 2010

Hewlett-Packard Company HPQ Stock Analysis 8/25/10

By Tim - http://stockstobuy.org

The following is Hewlett-Packard Company (HPQ) stock technical analysis for August 25, 2010

Hewlett-Packard Company (HPQ) Support & Resistance Levels - 8/25/10

Resistance Levels: $40.21, $42,

Support Levels: $38, $37.08

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 $40.21. 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 crsuhed unfairly.

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