Friday, September 6, 2013

MSFT update SEP 6 2013

Shallow thoughts:

  • Smart money is gone now which begs...
  • Is Ballmer leaving really a fundamentally good thing for the company?
  • If yes, buy at support or below support because its value realized over a longer period?
Look to longer picture for technical buys...

Very interesting gaps. Strong volume gap down, strong volume gap up however couldn't breach resistance. Again, look for longer term plays here. Looks like of sideways roller-coastering from here in the short to medium term. 

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