Isaiahgr3

MSFT bearish break down

Corto
NASDAQ:MSFT   Microsoft Corp.
After being stuck in the wedge I had pointed out, MSFT has broken to the downside and is currently testing resistance in the 199 zone. A decisive close below this level could cause MSFT to be in free fall for a little while. If the RSI breaks below 38 I would short this stock. On the other hand we could see the support line be solidified as bulls decide is is a good time to buy. Today is an important day for MSFT.

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