Microsoft Cool Setups!

29 בדצמ׳ 2012

This is a simple strategy that is used more often in Forex. What we are looking for is a stock which has its 50 MA under the 100 MA and then the price of the stock is also below the 50 MA. Then we look for the stock %R to reach a high level like -20.0000. We now eneter for a short. As per the chart we can see that microsoft has been doing this for the last little while. Waiting for a good setup to come in the next few days!