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Wednesday, August 31, 2011

Buy Hewlett-Packard Company (HPQ) Stock ?

Is 2011, HPQ stock a buy? By Tim - http://stockstobuy.org

The following is Hewlett-Packard Company (HPQ) stock technical analysis for August 31, 2011

Hewlett-Packard Company (HPQ) Support & Resistance Levels - 8/31/11

Resistance Levels: $28.50

Support Levels: $24.90, $22.75

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

Hewlett-Packard Company (HPQ) continues to rally off the lows and actually hit $26.41 today. Hewlett-Packard Company (HPQ) will have resistance located at $28 on the upside. HPQ looks like it will close above 10 day moving average today which would flash a buy signal. HPQ could be on It's way back to $28+ if the stock market remains strong.

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