February 17, 2012

MICROSOFT Monthly resistance level

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DAILY CHART
  • MSFT has broken above the falling resistance line in monthly chart.
  • MSFT Testing monthly horizontal resistance zone between 30.50 - 31.50.
  • Daily is trending up above 20 Day SMA. Unless daily closes below 20 SMA this resistance zone is likely to be broken on the up side. 
  • S&P 500 ANALYSIS AFTER CLOSING BELL

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