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CHART ANALYSIS  |  August 16, 2004
What Happened To Hewlett-Packard?
The last time I wrote on this equity it had a very nice head and shoulders bottom reversal pattern. I was anticipating it to go higher over the long-term, but. . . things change. The time to sell long positions was when the long-term trendline was broken on February 23, 2004 in the $23.00 area.
by Andrew Hetherington

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