MICROSOFT CORP. - MSFT
Monthy chart shows continued weakness in price, with no buy signal/pattern evident on this timeframe.
Weekly chart shows consolidation and continued weakness, with price below all key moving averages on this timeframe. Current support is right off the .786 fib level. No buy signal/pattern on this timeframe, and expect the support to be broken.
Daily chart better shows the consolidation pattern being formed by the price action. No buy signal/pattern evident on this timeframe.
Sunday, August 03, 2008
MSFT Update for 08.02.2008
Posted by TraderZ at 8/03/2008 01:24:00 PM
Labels: MSFT
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