Microsoft

This is an interesting chart from a Gann perspective.There are 3 reasons to expect resistance at 30 - doubling the low of 15,50% off the high of 60 and the 50% retracement of these levels all coincide at 30,making it a very strong level to expect resistance and possibly a change in trend.The simple trendline reinforces the case for caution.Microsoft could be traded using the same principles as in the Apple video,using the $30 level as would apply to $ 200 for Apple. From a time perspective we are at a a 10 year cycle from the all-time high,making this a compelling situation.