June 15, 2012

Microsoft Chart Analysis

  • MSFT Trying to form a base near 200 Day SMA. 
  • Weekly chart shows previous resistance level giving support.
  • Price is inside a falling wedge pattern.
  • Crucial support are 28.81 and 200 SMA. For bulls price has to breakout above the falling resistance line and 29.81 level.
  • S&P 500 ANALYSIS AFTER CLOSING BELL


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