Saturday, February 17, 2007

MSFT (Microsoft Corp)

Following a shooting star a few days back, we saw MSFT gapped down in high volume last Friday. The immediate support should be found around $28.6, if this is broken then the next Fib retracement support is around $27.68, but it will likely ponder around $28 first. RSI and MACD were pointing downwards so unless it gets a pull from the overall Tech sector next week, the slide may continue.

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