June 10, 2010

Microsoft corp oversold can give bounce back

WEEKLY CHART
DAILY CHART
HOUR CHART

  • Microsoft weekly chart showing an oversold stochastic with positive divergence if price shows reaction chances are the stock can move up.
  • The daily chart is showing a triangle kind of pattern with the momentum indicator suggesting an up move.
  • The hour chart MACD is showing positive divergence calling for a bounce back.

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