The price action confirmed the late November scenario. The next target stands now at $16.80, followed by $22.00 on the mid term.
Take a look at the left chart (nov.26 analysis: http://markettechnicalview.blogspot.ro/2012/11/watch-this-stock-hewlett-packard.html) and see how the price followed my scenario: sharp comeback towards the 75 days average (green line in the $15.00 area) followed by a few weeks of indecision and then an obious bull domination that lead to the break above $15.00 level which is now a strong support.
IMPORTANT: Earnings announcement: 21 Feb. 2013!!!
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