Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 10, 2011
MICROSOFT Near Triangle resistance line
MSFT is approaching the resistance line of the triangle in weekly chart.
We may get a short trade from the resistance line soon. bearish candles in daily chart may confirm a sell.
Bulls can extend gains only if price is able to breakout above from the weekly triangle pattern which looks unlikely .
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)