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MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $42.88 on Jan 2, 2001 prices
rallied, reaching a
high of $65.06
on Feb 7, 2001. A
decline saw prices pull back, reaching a
low of
$53.88 on Feb 22, 2001.
Another rally saw prices penetrate
resistance, closing 3/6/01
at $59.50. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Mar 6, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $54.00. Resistance: Is at $64.50.
Point & Figure: Reversed to the upside on Feb 28, 2001. A P&F upside
reversal takes place at $55.50. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $60.12 Stop: Use a protective stop of $57.50.
MICROSOFT CORP is currently trading @ $59.50 plus $2.06 on Mar 6, 2001. Price Objective:
$75.00. Risk/Reward: $2.62 VS. $14.88. Today's Risk Reward Ratio: 6.1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$75.00
Risk/Reward:
$2.62 VS. $14.88
Risk/Reward Ratio:
6.1
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