Here's the daily price chart for Microsoft:The bounce off of the Christmas Eve lows for Bill Gates company is now above the previous support level at about 99.5. The next significant level of resistance looks like October, 2018 just above 115. The stock has taken out the April, 2018 low -- where buying kicked in previously -- at just below 150. The fact that the December low price is lower than the April low -- the previous level for significant buying -- cannot be good news for bulls. Here's the Amazon weekly price chart:It seems to have caught the bottom of the up trending Ichimoku cloud and bounced.

Source: Forbes January 02, 2019 04:57 UTC