Sean: (MSFT)
Can you take a look at MSFT?
You can also refer to my MSFT charts (thursday's data).
geocities.com
What I'm concerned about is the "negative" divergence of the MACD's (daily and weekly).
Also notice my stochrsi (55) (long-term overbought/oversold) is starting to peak. As you know, it is a good indicator however, sometimes, price continues to go up even with stochrsi 55 heading down from overbought areas. (I'm sure you remember the email that we discussed)..
However, if you check "in relation" to other indicators (macd, dahl,trix), all of them are heading down.
Couple things I'm looking at:
1) where is MSFT's strong support IF it starts going down soon?
2) Any signs of recovery and continuation of uptrend?
3) More importantly, should I sell and run with my profits. I did enter MSFT late in the rally. (same situation with you on EMC)
4) Earnings and other fundamental news?
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I think this thread can benefit further discussion and watching. This is getting to be really exciting. We got mutiple people providing analysis on multiple industry stocks -- Msft, intc, emc, pacc, pslay, will check mrvc and tlab, and wtdc? (bob's request).
Hope to provide charts and further analysis on Sunday night. I consider sunday=stock night. :)
Gotta go...
Chris |
