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William-trading

Ascending triangle on Microsoft, exploding breakout

Long
Microsoft Corp. (NASDAQ:MSFT)  
William-trading  
NASDAQ:MSFT   Microsoft Corp.
Support and Resistance Triangle
5
0
supportandresistance triangle
Microsoft is probably staging an explosive breakout after a formation of a potential ascending triangle and a bullish engulfing candle last Friday. If all things fail, the support level at 180 should provide a decent rebound.
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