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stock Breakout for day trading

advertise 2 ۩  Daily market forecast
 
Stock : MSFT |   Stock Recommendations : Buy
Sector : Software |   First resistance : 22.53
Stock Name : Microsoft Co |   Second resistance : 23.50
Buy Near : 21.31 |   Third resistance : 26.67
StopLoss : 20.91 |   First Support : 20.91
Posted date : 6/5/2009 1:32:46 AM |   Second Support : 19.54


Technical Stock research Yesterday Microsoft (MSFT) given a breakout of reverse head and shoulder pattern beside that ADX also indicating up word move for Microsoft (MSFT), rate of change (ROC) got upward momentum with increasing relative price index (RSI).

   Stock investing with chart pattern Head and solder is a best chaise and as per technical view Microsoft (MSFT) in a short term up trend. You can use Microsoft for day trading also.

As per head and shoulder theory for Microsoft our up side target is $26.67. So built position with target $26.67 and consider base line as a stop loss ($20.91)




Portfolio stock



Recent News Head Lines
UPDATE 1-Microsoft CEO says failed TikTok deal 'strangest thing I've worked on'
(Tue, 28 Sep 2021 03:08:01 +0000)
Microsoft Corp's near-acquisition of social media app TikTok last year was the "strangest thing I've ever worked on," Chief Executive Officer Satya Nadella said on Monday. TikTok had been ordered by then-U.S. President Donald Trump to separate its U.S. version from Chinese parent ByteDance because of national security concerns about the collection of U.S. users' data. Microsoft in August 2020 began talks on the proposed acquisition but the deal collapsed by September.
Microsoft CEO says failed TikTok deal 'strangest thing I've worked on'
(Tue, 28 Sep 2021 02:38:56 +0000)
(Reuters) -Microsoft Corp's near-acquisition of social media app TikTok last year was the "strangest thing I've ever worked on," Chief Executive Officer Satya Nadella said on Monday. TikTok had been ordered by then-U.S. President Donald Trump to separate its U.S. version from Chinese parent ByteDance because of national security concerns about the collection of U.S. users' data. Microsoft in August 2020 began talks on the proposed acquisition but the deal collapsed by September.
Microsoft (MSFT) Dips More Than Broader Markets: What You Should Know
(Mon, 27 Sep 2021 21:45:09 +0000)
Microsoft (MSFT) closed at $294.17 in the latest trading session, marking a -1.73% move from the prior day.
Dow Jones Gains As Pelosi Makes Infrastructure Move; AMD, Energy Stock Among 4 Passing Buy Points; Tesla Stock Surges
(Mon, 27 Sep 2021 20:14:51 +0000)
The Dow Jones rose. Nancy Pelosi made an infrastructure bill move. AMD stock offered a buy point. Tesla stock gained, Apple stock fell.
LinkedIn Testing Paid Online Events as Potential New Moneymaker
(Mon, 27 Sep 2021 20:08:09 +0000)
(Bloomberg) -- LinkedIn is testing the idea of letting users charge for virtual events hosted on its platform, potentially creating a new moneymaker for both the social network and its users. Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtThe test in


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