New York, NY -- (SBWIRE) -- 02/22/2013 -- Hewlett Packard Company (NYSE: HPQ) opened at $18.21 and oscillated in the range of $18.11 and $19.04 in the latest trading session. It is at $18.69, up 9.30 percent from its previous close of $17.10. Hewlett Packard Company shows bullish trend and the stock’s first resistance level is at $18.95. Upon breaching this level, the stock may touch $19.06. On the downside, it may slip to $18.55.
Hewlett Packard Company reported $28.4 billion in revenue for the first quarter of the year. Its net income for the quarter stood at 82 cents per share for the quarter, surpassing consensus estimate of 71 cents per share.
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Office Depot Inc. (NYSE: ODP) traded in the range of $4.05 and $4.28 during its latest trading session. The stock had opened at $4.10 and is currently at $4.26, up 7.11 percent from its previous close of $3.98. Office Depot recorded the volume of 22.642 million shares, significantly higher than its average daily trading volume of 8.912 million shares, thus showing bullish trend. The stock has overall bullish trend as per its MACD chart and the stock is likely to maintain the streak.
Office Depot inked a merger deal with OfficeMax.
Find out more on ODP here: http://www.wallstreetscoop.net/market-scan/?symbol=ODP
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