HPQ Trade

2012-03-05-HPQ-PROPHET

 

Hewlett Packard may be putting in a bottom here.  There are several bounces above the 25 level in late November and through December.  The Market Forecast indicator is also showing a crossover.  This may be a good area to deploy a APR 25/24 Bull Put spread.  After hours quote is currently at .36.  Anywhere from .30-.45 should be a good entry point.

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