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Hewlett Packard Looks For Support

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February 24, 2011 – Comments (1)

Hewlett Packard Co.(NYSE:HPQ) has been decimated on the charts after reporting earnings two days ago. The stock will have some short term intra-day support around the $41.95 area. This is not a long term bounce area. Stocks that sell off so sharply after news or earnings can remain weak for extended periods.



Nicholas Santiago
InTheMoneyStocks.com

1 Comments – Post Your Own

#1) On February 24, 2011 at 5:51 PM, HarryCaraysGhost (99.60) wrote:

Ok, but what if you were thinking a $38.50 limit order.

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