|
MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $48.00 on Sep 27, 2001 prices
rallied, reaching a
high of $58.65
on Oct 8, 2001. A
decline saw prices pull back, reaching a
low of
$53.00 on Oct 10, 2001.
Another rally saw prices penetrate
resistance, closing 10/15/01
at $58.06. Technicals: MACD Index (MACD): A Buy Alert!
was given on Oct 1, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $55.00. Resistance: Is at $59.66.
Point & Figure: Reversed to the upside on Oct 15, 2001. A P&F upside
reversal takes place at $57.00. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $58.63 Stop: Use a protective stop of $55.88.
MICROSOFT CORP is currently trading @ $58.06 plus $1.68 on Oct 1, 2001. Price Objective:
$74.00. Risk/Reward: $2.75 VS. $18.13. Today's Risk Reward Ratio: 6:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$74.00
Risk/Reward:
$2.75 VS. $18.13
Risk/Reward Ratio:
6:1
|
