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stock Breakout for day trading

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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
Dow Jones Futures Rise As Market Rally Takes Big Step; Microsoft Hits $2 Trillion, Bitcoin Rebounds
(Wed, 23 Jun 2021 02:32:09 +0000)
The Nasdaq hit a record high as stocks rallied on Fed chief Jerome Powell. Microsoft hit a $2 trillion valuation, leading several new buys, including ServiceNow. Bitcoin rebounded.
US Stock Market: Big Tech Growth Stocks Drive NASDAQ Composite to Record High
(Tue, 22 Jun 2021 23:08:06 +0000)
Microsoft rose 1.1% and its stock market value briefly breached $2 trillion for the first time, while Apple and Amazon also rallied more than 1% each.
Market Recap: Tuesday, June 22
(Tue, 22 Jun 2021 20:36:39 +0000)
The markets closed in the green after Federal Reserve Chair Jerome Powell testified before Congress on Tuesday, with Big Tech outperforming and hitting a record high. Jeffrey Kleintop, Charles Schwab chief global investment strategist, and Brad McMillan, Commonwealth Financial Network CIO, joins Yahoo Finance’s Adam Shapiro and Seana Smith to discuss the latest.
US STOCKS-Nasdaq ends at record high as Big Tech roars back
(Tue, 22 Jun 2021 20:25:45 +0000)
The Nasdaq ended at a record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf tech companies as investors shifted their focus to growth stocks. Microsoft rose 1.1% and its stock market value briefly breached $2 trillion for the first time, while Apple , Facebook and Amazon also rallied more than 1% each.
Microsoft crosses $2 trillion valuation mark in intraday trading
(Tue, 22 Jun 2021 20:24:51 +0000)
Microsoft Corp.'s valuation briefly crossed the $2 trillion threshold in intraday trading Tuesday, though the stock later pulled back slightly and Microsoft failed to close out the session with its market value above the milestone mark. Shares of Microsoft traded as high as $265.79 Tuesday, above the $265.55 price needed to give it a $2 trillion valuation, but shares ultimately finished the day pennies shy at $265.51 for a valuation of $1.9997 trillion based on a share count of 7.531 billion. Mi

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