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

Views: 1

Comment

You need to be a member of Expert Trading Community - Traddr™ to add comments!

Join Expert Trading Community - Traddr™

© 2013   Created by Roger Carter.

Badges  |  Report an Issue  |  Terms of Service