June 21, 2012

Microsoft Resistance levels

  • MSFT Weekly line chart shows price entering a resistance zone.
  • Daily chart shows price testing the daily cloud and Golden ratio.
  • Above mentioned levels should be crossed by bulls of MSFT to target 32 and More. Bulls are safe as long as the closing price stays above 50 Day SMA.
  • QQQ DESCENDING BROADENING PATTERN


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