- MICROSOFT CORPORATION HAS FORMED A BEARISH ENGULFING PATTERN IN DAILY CHART.
- STOCK IS TRADING BELOW ITS 200 DAY MOVING AVERAGE
- HAS CRUCIAL SUPPORT AT 24.95 TRADING BELOW THIS SUPPORT AREA STOCK MAY SLIP TO 22 INITIALLY.
- ANY REVERSAL FOR THIS STOCK SHOULD HAPPEN FROM 24.95.
- EVEN IF THE STOCK RALLIES UP THE 200 DAY MOVING AVERAGE WILL NOW ACT AS RESISTANCE.
THANK YOU
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