Hewlett Packard's most recent trend suggests a bullish bias. One trading opportunity on Hewlett Packard is a Bull Put Spread using a strike $27.00 short put and a strike $22.00 long put offers a potential 7.53% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $27.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $22.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hewlett Packard is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Hewlett Packard is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Hewlett Packard
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Sun, 08 Dec 2013 15:46:04 GMT
Motley Fool – Coming into the end of a impressive year, does Hewlett-Packard still look attractive?
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Supreme Court to decide on patent protections for software
Fri, 06 Dec 2013 20:29:28 GMT
Reuters – The Supreme Court agreed on Friday to rule on the divisive issue of what kinds of software are eligible for patent protection in a case being closely watched by the technology industry. The court said in a one-line order that it would hear a case brought by Alice Corporation Pty Ltd, which holds a patent for a computer system that facilitates financial transactions. The deep interest that the software industry and patent experts have in what is a threshold issue in patent litigation was underscored by the number of companies and industry groups that asked the court to decide the issue. Companies including Google Inc, Hewlett-Packard Co, Facebook Inc and Netflix Inc had already signaled their interest in the issue by asking the court to hear the WildTangent case.
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