January 4, 2012

MICROSOFT Near Triangle Resistance line

  • Microsoft Testing the resistance line of the triangle pattern
  • Daily chart is shown with volume.
  • A Bullish candle with volume spike at this stage can give an extended up move for MSFT.
  • Bearish candle at the resistance line with Volume spike will favor bears for a correction towards the support line of the triangle pattern.
  • S&P ANALYSIS AFTER CLOSING BELL

No comments:

Post a Comment