MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $51.06 on Apr 4, 2001 prices
rallied, reaching a
high of $72.15
on May 7, 2001. A
decline saw prices pull back, reaching a
low of
$67.25 on May 18, 2001.
Another rally saw prices penetrate
resistance, closing 5/24/01
at $71.72. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 10, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $69.50. Resistance: Is at $72.15.
Point & Figure: Reversed to the upside on May 23, 2001. A P&F upside
reversal takes place at $68.00. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $71.87 Stop: Use a protective stop of $69.12.
MICROSOFT CORP is currently trading @ $71.72 plus $2.02 on May 24, 2001. Price Objective:
$96.00. Risk/Reward: $2.75 VS. $24.13. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$96.00
Risk/Reward:
$2.75 VS. $24.13
Risk/Reward Ratio:
9:1
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