MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $21.46 on Aug 21, 2006 prices
rallied, reaching a
high of $23.72
on Jul 3, 2006. A
decline saw prices pull back, reaching a
low of
$22.23 on Jul 14, 2006.
Another rally saw prices penetrate
resistance, closing 8/18/06
at $25.79. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 21, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $24.75. Resistance: Is at $26.94.
Point & Figure: Reversed to the upside on Aug 18, 2006. A P&F upside
reversal takes place at $23.00. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $25.88 Stop: Use a protective stop of $23.88.
MICROSOFT CORP is currently trading @ $25.79 plus $1.09 on Aug 18, 2006. Price Objective:
$35.00. Risk/Reward: $2.00 VS. $9.12. Today's Risk Reward Ratio: 4:1
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