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MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $91.44 on Dec 9, 1999 prices
rallied, reaching a
high of $119.94
on Dec 30, 1999. A
decline saw prices pull back, reaching a
low of
$101 1/2 on Jan 13, 2000.
Another rally saw prices penetrate
resistance, closing 1/14/00
at $115.31. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 1, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $105.00. Resistance: Is at $114.25.
Point & Figure: Reversed to the upside on Jan 14, 2000. A P&F upside
reversal takes place at $108.00. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $116 5/8 Stop: Use a protective stop of $113 1/2.
MICROSOFT CORP is currently trading @ $115.31 plus $3.06 on Jan 18, 2000. Price Objective:
$140.00. Risk/Reward: $3 1/8 VS. $23 3/8. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$140.00
Risk/Reward:
$3 1/8 VS. $23 3/8
Risk/Reward Ratio:
7:1
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