Bullish on MSFT
Microsoft has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate. The positive development, however, may give rise to short term corrections down from today's level. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 315 $. Volume has previously been high at price tops and low at price bottoms. This strengthens the...