iBrokers
Short

MSFT Shares Near Dot-Com Peak

NASDAQ:MSFT   MICROSOFT CORP
Shares of Microsoft Corp             (NASDAQ: MSFT             ) declined last week, but remained within range of their 1999 peak as investors continued to rally behind the company’s second quarter earnings beat.

The Redmond, Washington-based technology giant closed at $57.62 Friday, having declined 0.6% for the week. For the month of August, the company’s value has increased 1.8%.

@iBrokers we are short on MSFT             but careful with risk of breaking to the upper side of recent highs.
See chart for Resistance

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