MSFT pulls back some, but it’d be an entry point for anyone to get long if it can stay above this support.
As expected a few days ago, MSFT broke out this ascending triangle. It looks bullish short-term.
MSFT is forming an ascending triangle. Let’s see if it breaks out the resistence at 25.5.
YHOO broke out solid this time fueled by good earning report.
GOOG will be retesting the previous high tomorrow.
After a pullback, MSFT resumed upward movement from its recent breakout.
Overall, the tech-heavy QQQQ still has a lot of work ahead.
INDU faces the resistence around 10388.
YHOO failed to break out.
MSFT moved up nicely.