2waytrading

$50 is a major support if it fails to hold tech in trouble

NASDAQ:MSFT   MICROSOFT CORP
65 0 1
Watching for clue, $MSFT is up 9.92% last 12 months while $SPX             is down -7.03%. Price indeed lost its 50dma $54.59 but barely trading above its 200dma while most peers are trading below both 50/200-day moving average with no changes for short selling percentage, there is a good opportunity for upside trade if price stays above the support $50. For real-time alerts www.2waytrading.com
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