Microsoft (MSFT)
is the prototypical big popular company with too much cash,
making
it safe to trade. MSFT is trying to recover from its recent
20%
drop. It already made a double bottom and is now attempting to make a
new high.
Understand
the situation in terms of the indicators (Price, Moving Averages,
Volume, Stochastics, ADX, +DI and -DI, and MACD) and settle on your
next move: buy long now or wait a little and then buy long, sell short,
or do nothing.
When ready, continue by clicking here.