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Friday, September 23, 2011

Hewlett-Packard Company (HPQ) Stock Analysis 9/23/11

By Tim - http://stockstobuy.org

The following is Hewlett-Packard Company (HPQ) stock technical analysis for September 23, 2011

Hewlett-Packard Company (HPQ) Support & Resistance Levels - 9/23/11

Resistance Levels: $25.10

Support Levels: $21.80

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

Hewlett-Packard Company (HPQ) is rallying back above $22 on Friday afternoon. Hewlett-Packard Company (HPQ) will have resistance located at $25.10 on the upside. HPQ needs to hold $21.50 on a closing basis or we could face a retest of the $20. HPQ announced Thursday that Meg Whitman will become the new CEO but it hasn't helped the stock yet.

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