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Against Prevailing Wisdom
Please click here for an enlarged chart ofMicrosoft Corp(NASDAQ:MSFT).
Note the following:
- This article is about the big picture, not an individual stock. The chart of MSFT stock is being used to illustrate the point.
- The chart shows that after touching the low band of the support zone, MSFT stock has moved up in a straight line.
- The chart shows the move up in the early trade on three announcements:
- Microsoft is announcing a new $60B stock buyback program. This matches the largest...
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