October 3, 2012

Microsoft Chart analysis


  • MSFT Weekly chart testing 50 Week SMA.
  • Stock has good support around 28 levels as shown in the second chart.
  • Last chart shows price sustaining below 50 and 200 Day SMA. If the down move continues Daily chart will confirm the Death Cross. A bigger down move possible below 28 levels.
  • S&P 500 ANALYSIS AFTER CLOSE
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