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MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $136.00 on Jan 13, 1999 prices
rallied, reaching a
high of $175.94
on Feb 1, 1999. A
decline saw prices pull back, reaching a
low of
$143.97 on Feb 18, 1999.
Another rally saw prices penetrate
resistance, closing 3/25/99
at $179.74. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 9, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $165.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 25, 1999. A P&F upside
reversal takes place at $172 1/2. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $180 1/4 Stop: Use a protective stop of $176 7/8.
MICROSOFT CORP is currently trading @ $179.74 plus $8.69 on Mar 25, 1999. Price Objective:
$250.00. Risk/Reward: $3 3/8 VS. $69 3/4. Today's Risk Reward Ratio: 20:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$250.00
Risk/Reward:
$3 3/8 VS. $69 3/4
Risk/Reward Ratio:
20:1
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