Microsoft Struggling? We look to Sell at 306.08 (stop at 317.41)
Short Term - We look to Sell at 306.08 (stop at 317.41)
We look to sell rallies. We look to set shorts in early trade for a further test of the fragile looking support. Levels close to the 50% pullback level of 309.47 found sellers. The trend of lower highs is located at 315.00. Expect trading to remain mixed and volatile.
Our profit targets will be 272.25 and 254.00
Resistance: 300.00 / 310.00 / 320.00
Support: 270.00 / 260.00 / 240.00
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