Today we will analyze the stock MICROSOFT CP (MSFT) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in MICROSOFT CP (MSFT)
1- Last bearish trend was from 26.96 $ (11/8/2011) to 24.30 $ (11/25/2011) a 2.66 $ move 2- The current bullish trend started from 24.30 $ at 11/25/2011 and is currently trading at 30.24 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
MICROSOFT CP (MSFT) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 26.960 and 27.110 that was broken up at 26.770 transforming into a supporting line.
MICROSOFT CP (MSFT) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 24.300 .
6- The Stock formed Double Top Pattern at 27.110 that failed, and formed a support .
MICROSOFT CP (MSFT) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 24.300 .
8- The Stock formed Double Top Pattern at 27.110 that failed, and formed a support .

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

Stock Resistance Levels : .
Stock Support levels : 28.84, 27.97, 27.46, 27.27, 26.57, 26.37, 24.30, 24.24,.