Based on volume flow reading and application of a rough cards-counting process, Large Hedge Funds & Smart Monies have a lot of Microsoft Re-accumulated Stocks at the $48.00-$51.00 range. Island Reversal as illustrated above was the technical process used to shake out and re-accumulate high amount of Microsoft stocks by smart monies. By induction, with the 4 gap-ups as support bases coupled with the high volume of re-accumulation which was masked as red volume bars, Microsoft can now easily go up towards $75.00 or more, like hot knife slicing easily through butter resistances. In Wall Street and NASDAQ Exchange, up-moves will be with much ease for Microsoft.
Microsoft is the new Apple:
In the Tech World,
Microsoft is out-Appleing Apple
Extremely bullish on Microsoft