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MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $24.14 on Jun 25, 2003 prices
rallied, reaching a
high of $27.81
on Jul 14, 2003. A
decline saw prices pull back, reaching a
low of
$25.43 on Aug 15, 2003.
Another rally saw prices penetrate
resistance, closing 9/2/03
at $27.26. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 25, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $25.88. Resistance: Is at $27.62.
Point & Figure: Reversed to the upside on Aug 19, 2003. A P&F upside
reversal takes place at $26.25. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $27.38 Stop: Use a protective stop of $25.38.
MICROSOFT CORP is currently trading @ $27.26 plus $0.74 on Sep 2, 2003. Price Objective:
$36.00. Risk/Reward: $2.00 VS. $8.62. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$36.00
Risk/Reward:
$2.00 VS. $8.62
Risk/Reward Ratio:
4:1
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