February 20, 2011

MICROSOFT Weekend update

  • MSFT daily chart is trading near support and resistance level.
  • Weekly chart has taken support on  a trend line. If this trend line in weekly char is held we may see an up move towards the resistance line in weekly chart.
  • 200 dma is the crucial level price can either get support here or a break and close below 200 DMA will favor bears.
  • US DOLLAR BREAKS DOWN FROM A BEAR FLAG

By at

1 comment:

  1. ChipFebruary 20, 2011 at 3:54 PM

    Check out this guys analysis on the Aussie dollar chart.
    WoW!!! Better watch it like a hawk!!

    http://www.youtube.com/watch?v=Jfbn_tZvETA

    ReplyDelete

Subscribe to: Post Comments (Atom)