- First chart shows negative price action below the trend line in daily chart of Google.
- Second chart shows price resting exactly at 50 day moving average.
- 3 chart shows 20 ema and 5 ema giving a bearish cross in daily chart.
- Last chart is the weekly chart of google. Week has given its second bearish candle.
- Staying below 50 DMA will favour bears.
- MICROSOFT TECHNICAL ANALYSIS
January 30, 2011
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