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Wednesday, November 24, 2010

Hewlett-Packard In The Green After Earnings Report

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Hewlett-Packard Company (HPQ) was up 2% to $44.19 at the close of today's bell. Unfortunately, that wasn't too close to the 52-week high of $54.75. Then again, it was comfortably above the 52-week low of $37.32. And, volume was super-strong.



Alas, the chart doesn't look too appealing, does it? The equity seems to be in a downtrend, and while traders might be able to make some money, long-term believers had no choice but to consistently add on the dips to improve the cost basis.

Continue reading Hewlett-Packard In The Green After Earnings Report

Hewlett-Packard In The Green After Earnings Report originally appeared on BloggingStocks on Tue, 23 Nov 2010 16:40:00 EST. Please see our terms for use of feeds.

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