MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $48.37 on May 6, 2002 prices
rallied, reaching a
high of $56.40
on Jun 17, 2002. A
decline saw prices pull back, reaching a
low of
$49.17 on Jun 3, 2002.
Another rally saw prices penetrate
resistance, closing 6/12/02
at $55.54. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 10, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $53.25. Resistance: Is at $56.40.
Point & Figure: Reversed to the upside on Jun 10, 2002. A P&F upside
reversal takes place at $53.25. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $55.88 Stop: Use a protective stop of $53.38.
MICROSOFT CORP is currently trading @ $55.54 plus $2.97 on Jun 12, 2002. Price Objective:
$87.50. Risk/Reward: $2.50 VS. $31.63. Today's Risk Reward Ratio: 12:1
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