Tuesday, December 01, 2009

 

Stock Pick of the Day - Microsoft Corp.

By Larry Swing

Stock of the Day �" Microsoft Corp (MSFT)

Price - $29.41

Strategy �" Short

RSI �" 56.95

MACD �" 0.65

insert.a.chart.MSFT 

The stock is showing a bearish pattern at current levels. Lower volumes at current levels also add to the weakness in the stock. Traders could short the MSFT stock at current levels and book profits near $27 levels.


# posted by Larry Swing & Mrswing's Trading Team @ 2:01 AM
Comments: Post a Comment

Links to this post:

Create a Link



<< Home

This page is powered by Blogger. Isn't yours?