July 14, 2012

MICROSOFT Weekend update


  • MSFT Took support at the 50 Week SMA on Friday. But price continue to trade within the bearish weekly chart which will give shorting opportunities for bears.
  • For now the stock continue to remain in a range between 28.32 - 31.14. For the coming week Friday's bounce may get extended towards the falling resistance line shown in first chart.
  • SPX WEEKEND UPDATE


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