Hewlett-Packard Itchin' To Gap Fill

Shares of Hewlett-Packard HPQ are trading higher on the session by 1.46%, at $36.76. The stock has been forming a base above $35.00 for the past two months and it looks like buyers are beginning to exhaust sellers. Hewlett-Packard is now breeching the 50-day moving average (already through the 20-day) and eyeing the $37.13 high set back at the beginning of July. If shares were to trade through there, the next level to watch would be $37.52. Beyond that HPQ could gap fill all the way up to $40.00. Hewlett-Packard Company is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses and large enterprises, including customers in the government, health and education sectors.