Sorry on the call, a little late. The very first touch of EMA20 in 2+ hours is a sell, watch for short setup.
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The 2nd test of the day low, let's see whether bulls can make a double bottom here, 50% chances.
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MSFT. Very strong since April. EPS up sharply. ROE at 44.20. It almost seems like a safe haven to me. (Not holding any at this time, mostly day trading.)
Charts posted are not recommendations. They are just a sharing of information.
Microsoft is closing all of its stores
Shannon Liao
By Shannon Liao, CNN Business
Updated 10:48 AM ET, Fri June 26, 2020
New York (CNN Business)Microsoft is getting out of the brick-and-mortar retail business.
The company announced Friday it will close down all of its 83 physical stores and switch to online only.
It will keep its London; New York City; Sydney, Australia and Redmond, Washington locations, but they will be reimagined as "experience centers," the company stated. They will showcase Microsoft's technology, such as Surface PCs, Xbox, "Minecraft," Windows and Office, but they won't necessarily sell anything.
The tech giant opened a bunch of locations in high-profile areas, such as Manhattan's Fifth Ave. But during the pandemic, many of its stores have remained closed, and Microsoft (MSFT) is abandoning ship.
Charts posted are not recommendations. They are just a sharing of information.
Need decisively break the neckline above to confirm the double bottom. Right now I'm not sure whether it's a double bottom or not, maybe 51% chances. The rebound now means it's a range day.
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