Microsoft Corporation (NASDAQ: MSFT) (NASDAQ:MSFT) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

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 30.96 $ (1/19/2010) to 27.59 $ (2/8/2010) a 3.37 $ move 2- The current bullish trend started from 27.59 $ at 2/8/2010 and is currently trading at 29.27 $. 3- MSFT current support level is at 28.88 which is the 38.20 % fibonacci retracement of the last 3.37 $ move.
4- MSFT current resistance level is at 29.27 which is the 50.00 % fibonacci retracement of the last 3.37 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MICROSOFT CP (MSFT) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 30.960 and 31.240, and is currently resisting at 30.163.
MICROSOFT CP (MSFT) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 27.590 and 22.980, and is currently supporting at 28.375.
MICROSOFT CP (MSFT) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 22.980 and 15.150 that was broken down at 29.790 transforming into a resistance line.

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

Stock Resistance Levels : 29.27, 29.67, 30.16, 30.96, 31.88, 33.04, 35.73.
Stock Support levels : 28.88, 28.87, 28.63, 28.43, 28.39, 28.38, 28.23, 27.59,.