Our last three trade alerts in ABX, SLV and MSFT have resulted in profits to the upside but I think it’s time to take our profits in Microsoft. As you can see from the candle chart above the stock gapped up three days ago and went vertical, bringing us right to the price target I outlined for you on December 23rd. Professional traders are not afraid to reverse their position once they have taken a profit and I think this is the correct thing to do with our position. Now that we are at our target price, it’s time to get out.
Equity Oracle: 01/06/2012
To gain access to the PDF download and video, sign up for
an Equity Oracle Subscription!