Sunday, May 11, 2014

Microsoft trade setup

Hi friends,
                  I see that an abc correction has ended in Microsofr
and its right now trending up ,This should target atleast 41$
above which it can breakout towards 45$
Let me put the chart to get a clear picture.
Microsoft trade setup
From the chart we can see white 
abc is finished and a new upmove
has started and it should target 41
atleast above which 45 is possible
Ideal trade would be to buy in dips
with a stoploss of 38 for a target
of 41 and then above that 45.
Previously we saw a nice spurt
in Apple which i had posted

Lets see how microsoft moves in coming days.



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