This week, we take a look at Microsoft (MSFT). If you have been following along with the Market Guys strategies for trading, you will know that we normally don’t buy a stock when it is trading at, or near, a resistance area. This stock isn’t any different, which is why we are waiting for the breakout to occur first before we buy into this new position. The chart on page two will give you a better idea of where we would place our buy order, along with some of the other technical signals we are looking at.
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