Hewlett Packard's most recent trend suggests a bullish bias. One trading opportunity on Hewlett Packard is a Bull Put Spread using a strike $22.00 short put and a strike $17.00 long put offers a potential 5.49% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $22.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $17.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hewlett Packard is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Hewlett Packard is bullish.
The RSI indicator is at 70.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hewlett Packard
Is Nokia About to Destroy Microsoft’s Hardware Ecosystem?
Fri, 18 Oct 2013 00:37:03 GMT
Motley Fool – Nokia could be planning to release some devices running Windows 8, much to the chagrin of Microsoft's OEMs like Hewlett-Packard.
Does IBM Have a Bright Future?
Thu, 17 Oct 2013 22:46:04 GMT
Wall St. Cheat Sheet – IBM stock has been struggling over the last couple of years and continues to see lower highs and lower lows.
H-P Unveils Mobile Thin Client Solution
Thu, 17 Oct 2013 20:14:23 GMT
Zacks – After introducing the ‘t820 Flexible Series Thin Client' solution two months back, Hewlett-Packard Co. or H-P has now unveiled a new HP mt41 Mobile thin client.
Salesforce, Google, Amazon Cloud Winners, Says Piper; Microsoft Straddles the Line
Thu, 17 Oct 2013 19:57:00 GMT
Barrons.com – Piper Jaffray enterprise software analyst Mark Murphy today offers up the results of a survey of 141 chief information officers regarding their use of cloud computing, though the details of the time frame …
Cramer on IBM: Buffett Not Enough
Thu, 17 Oct 2013 18:00:00 GMT
TheStreet – Jim Cramer talks with The Street's Nicole Urken about why IBM's future growth is in question and why its buyback program is not enough.
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