Simple Trading MSFT As of 27 May 2015 Close

MSFT W As of 27 May 2015 Close

Current Trend (W): Up

Abv/Below Value Zone: Abv

Next Scheduled Report Date: 21 July 2015

52 Week High: $50.04

52 Week Low: $39.81

Current Relevant Resistance: $49.54

Current Relevant Support: $46.02

Recent Close: $47.61

Comment: After a strong move higher for the week ended 24 April 2015, MSFT’s price continues to coil for what’s likely to be a jump higher.  Watch for a break up through the mini downtrend line (around $48) for a good place to consider getting long.

Hope it helps.

 

KIS,

The Trader

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