July 11, 2012

Microsoft Chart analysis


  • MSFT Testing Crucial support line and 200 Day SMA.
  • Price was unable to break above the cloud and started falling. Price closing below the trend line and 200 SMA should lead to 28.31 levels. Breaking this level will strengthen bears.
  • Holding above 200 SMA and the trend line should lead to an up move towards the resistance line again.
  • SPY SUPPORT LEVELS



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