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