Microsoft (MSFT) May 4, 2015 preview

Breaking out above $44.50 with a gap up after a W-shaped reaction from the double support @ $40, has helped MSFT shares reach their chart target @ $49, which is also the multi-year high from last year. Still bullish even though we may some pressure at current levels.

MSFT (8 months)

msft2

Chart courtesy of http://www.StockCharts.com

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