October 28, 2010

MICROSOFT Near resistance zone

  • Microsoft daily line chart with 200 DMA.
  • Stock will soon have an encounter with its 200 DMA.
  • Stock is approaching its resistance zone of 26.28 - 26.90. 
  • 200 DMA is just above this resistance zone. We will know soon if the stock is going to break above into the bulls zone above 200 DMA or remain in the bear zone below 200 DMA.
  • TRIANGLE OF DOW JONES

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