Today we’ll analyze the stock Microsoft (MSFT) for online market trading,
Technical indicators to notice in Microsoft (MSFT)
1- Last bearish trend was from 28.30$ (6/5/2008) to 27.12$ (6/11/2008) a 1.18$ move
2- The current bullish trend started from 27.12$ at 6/11/2008 and is currently trading at 28.93$.

3- MSFT current support level is at 28.62 which is the 127.20% fibonacci retracement of the last 1.18$ move.
4- MSFT current resistance level is at 29.03 which is the 161.80% fibonacci retracement of the last 1.18$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Microsoft (MSFT) Short term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 28.3 and 30.45 that was broken up at 28.24 transforming into a supporting line.
Microsoft (MSFT) Mid term chart patterns :

7- The Stock was resisted by a resistance line, identified by two points: 30.45 and 31.68 that was broken up at 28.93 transforming into a supporting line.
Microsoft (MSFT) Long term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 31.68 and 36.33, and is currently resisting at 29.4684.

Conclusion:
Microsoft (MSFT) was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 29.03, 29.17, 29.44, 29.45, 29.47, 30.24, 37.65.
Support Levels: 28.79, 28.62, 28.50, 28.48, 28.30, 28.24, 28.14, 28.03, 28.00, 27.99, 27.85, 27.84, 27.81, 27.77, 27.71, 27.69, 27.57, 27.40, 27.12, 26.76, 26.55, 25.62, 25.55, 25.48, 25.24, 24.51, 24.15, 24.09, 23.02, 23.00, 22.99, 22.97, 22.96, 22.94, 22.93, 22.91, 22.90, 22.77, 21.79, 21.20, 20.52, 20.51, 20.50, 18.54,.