MSFT hot stock yesterday
Saturday, May 05, 2007
MSFT shares was dow nearly 1.5% yesterday closing at 30.56$ after some news that is trying to make a deal with Yahoo. The New York Post, and the Wall Street Journal, reported that Microsoft may want to buy the firm in what could be a $50 billion deal. Looking at the chart stock still trading in a Bull Market with share price above 20,50,200 daily moving average, all Indicators are also in Bullish Territory with MACD above 0 and RSI. The technical chart show now a support for stock at 30$. Keep an eye on MSFT for next week.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: MSFT
