Microsoft revival ?

Microsoft launched Mobile 7, an attempt to take some space in the booming smartphone market, but competing against Google, Apple. Will it work out this time.

A look at the chart :

  • The launch of Mobile 7 was good for the stock. It broke the 26 resistance
  • It broke the 200d MA resistance
  • But it hits the May resistance level

Possible scenario’s:

  1. A channel between the 26.5 and 27.5 (high probability)
  2. A rise to the may high, surfing the tech’s success (medium probability)
  3. A drop below the 200d MA (low probability)

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