February 18, 2013

MICROSOFT Resistance levels

  • Microsoft weekly chart shows previous low acting as resistance.
  • Daily chart shows price resistance at Daily cloud top and 38.2% Fib level.
  • Confluence of resistance stopping bulls from moving up. Only a weekly close above these levels can add momentum for bulls. Weakness here may lead to a fall towards 27.0 again.
  • APPLE WEEKEND UPDATE
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