Traders should take note of the potential trading range that may be developing here in MSFT
Break angle a and horizontal,,, Need to hold angle c for bullish movement,,, Possible target at the symetry angle (box)
After a terribly boring 4 months of consolidation it the pattern has finally broken out in a massive upswing.....finally
Since november of last year MSFT has largely stayed within the same range trending between 26-27.75 from Nov-Jan, giving us what appeared to be a breakout in early February. However, instead this breakout has turned into another consolidation pattern has MSFT created a bullish ascending triangle, and given that generally the longer something consolidates for the...
Read chart. take your money and do not come back!
(TEST) MSFT is interesting stock to observe in the charts, because it has bullish and bearish indicators. Closed Profit; 28.06 on 2013-02-28.
MSFT stock is encountering some resistance from 100 Moving Average.