Microsoft Corporation (NASDAQ:MSFT) Holding Well Above its Weekly 200 Bar M.A.
November 05, 2009 11:17 AM
Microsoft Corporation (NASDAQ: MSFT) seems to be consolidating above its crucial, weekly 200 bar M.A. raising hopes that it could move much higher, provider Nasdaq and major indices don’t move much lower in the expected correction this month.
Whatever happens Microsoft makes a good Call Option bet, one with short to medium term profit objective and holding above such an important indicator makes the bullish scenario much more probable.







