As expected a few days ago, MSFT broke out this ascending triangle. It looks bullish short-term.
LOW broke out in a big way, but it looks like that it will snap back a little.
This pullback is an opportunity if you like to long YHOO.
MSFT is forming an ascending triangle. Let’s see if it breaks out the resistence at 25.5.
150 millions shares changed hands yesterday. After a big day like that, profit taking is normal.