Hewlett-Packard Could be Making a Double Top

Hewlett-Packard (HPQ), a large computer hardware and software company, is thriving under the leadership of its CEO Mark Hurd. Since Hurd replaced Carly Fiorina on April 1, 2005, HPQ has been on the price upside moving up 36.3 percent.

But HPQ may be making a double top. If HPQ fails to break through $29, it could head to the downside so watch the stock carefully if you intend to buy it.