MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $94 7/8 on Jan 3, 2000 prices
rallied, reaching a
high of $110.00
on Feb 8, 2000. A
decline saw prices pull back, reaching a
low of
$88 1/8 on Feb 28, 2000.
Another rally saw prices penetrate
resistance, closing 3/21/00
at $102 3/4. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Mar 7, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $94 1/2. Resistance: Is at $110.00.
Point & Figure: Reversed to the upside on Mar 17, 2000. A P&F upside
reversal takes place at $97 1/2. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $103 1/4 Stop: Use a protective stop of $99 7/8.
MICROSOFT CORP is currently trading @ $102 3/4 plus $5 3/8 on Mar 21, 2000. Price Objective:
$126.00. Risk/Reward: $3 3/8 VS. $22 3/4. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$126.00
Risk/Reward:
$3 3/8 VS. $22 3/4
Risk/Reward Ratio:
7:1
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