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MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $62.73 on Nov 28, 2001 prices
rallied, reaching a
high of $69.00
on Dec 6, 2001. A
decline saw prices pull back, reaching a
low of
$65.93 on Dec 14, 2001.
Another rally saw prices penetrate
resistance, closing 12/17/01
at $68.98. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 16, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $66.00. Resistance: Is at $73.00.
Point & Figure: Reversed to the upside on Dec 17, 2001. A P&F upside
reversal takes place at $66.75. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $69.13 Stop: Use a protective stop of $66.50.
MICROSOFT CORP is currently trading @ $68.98 plus $1.54 on Dec 17, 2001. Price Objective:
$78.00. Risk/Reward: $2.63 VS. $8.88. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$78.00
Risk/Reward:
$2.63 VS. $8.88
Risk/Reward Ratio:
3:1
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