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Web based stock technical analysis tools since 1999. Specializing in breakout and momentum stock ideas. Articles are opinions only and NOT investment advice.
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  • HPQ The Next Leg Higher 0 comments
    Aug 2, 2013 11:36 AM | about stocks: HPQ

    Hewlett-Packard Co (NYSE:HPQ) starting to move higher today after almost a month of price consolidation, watch for breakout above 26.79.

    Breakout Details

    BREAKOUT WATCH for possible breakout above 26.79, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 28.85, 8.4% Stop: 25.8, Loss: 3%, Profit/Loss ratio: 2.8 : 1 - Good

    Support and Resisitance

    CURRENT PRICE 26.61, at resistance, 26.34 ± 0.45, type single, strength 1

    (click to enlarge)HPQ breakout stock chart from


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