How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 430.29

-0.7%

Jan 30 9:30 AM EST

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To: vinod Khurana who wrote (3898)	11/4/1997 12:20:00 PM
From: vinod Khurana	Read Replies (1) of 74651

cbs.marketwatch.com Based on the above chart, question is whether MSFT will break the 50 day MA for the sixth time OR are we heading down after touching $134 15/16 this morning ? The gap left last week and one left yesterday either indicates that MSFT is on its way to make new highs because of huge demand for the stock OR that it is about to break $130 again and head towards the $120 level. Determining the resistance and support levels is very important for short term traders and also to those who want to go long term but at the appropriate time to maximize profits. V.K

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