Microsoft (MSFT) Falls As Sinofsky Exits
AvaTrade | Nov 13, 2012 06:02AM ET
Microsoft lost 2.12 percent yesterday as the company announced some management reshuffling. Steven Sinofsky, head of the company’s Window’s Unit, left yesterday. He was widely rumored to be the next CEO of Microsoft.
Technically speaking, a move lower can test 27.90 with a break lower testing the level at 26.00. Alternatively, should the market push higher, we see resistance now at 28.95. Above that is 30.00, with a break higher testing 31.00.
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