August 20, 2012

Microsoft Weekend update



  • MSFT Weekly chart shows price approaching resistance levels and Golden ratio.
  • Weekly MACD also shows the indicator getting ready for a buy signal
  • Crossing the above mentioned resistance levels and golden ratio will confirm a buy signal which may extend this up move towards 32 levels.
  • Unable to trade above 31.14 will favor bears of MSFT.
  • SPX WEEKEND UPDATE


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