Microsoft: Trend Line Short. We look to Sell at 297.12 (stop at 305.71)
Microsoft - Short Term - We look to Sell at 297.12 (stop at 305.71)
We look to sell rallies. We look to set shorts in early trade for a further test of the fragile looking support. Prices expected to stall near trend line resistance. The trend of lower highs is located at 302.00.
Our profit targets will be 261.14 and 254.00
Resistance: 300.00 / 310.00 / 320.00
Support: 270.00 / 260.00 / 240.00
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