Wednesday, May 03, 2006

 
Trading Ideas & Picks

Daytrading Microsoft Corp (NASDAQ: MSFT)
The 2 day 2 minute bars chart above gives a snapshot of MSFT's trending as of late. The stock began down trending, then moved into an accelerated down trend. At the end of the trading session yesterday, MSFT was able to break out of the accelerated down trend, but still must pass through the resistance of the first down trend in order to break out of this funk...
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