Hello everyone. I've published bullish trading ideas on Microsoft with entries of 246-249 and 222-225 respectively. After the recent decline, I think it's probably a good time to consider the bullish entry again!
On the weekly, the stock is testing the short-term MA which sits around 282. I also noted that uptrend line and a solid demand zone marked in yellow colour.
On the daily chart, it's gonna fill the gap created on July 22nd.
So, to sum up, I think it's a good opportunity for bullish buyers. What do you think?
Give me a like if you're with me.
On the weekly, the stock is testing the short-term MA which sits around 282. I also noted that uptrend line and a solid demand zone marked in yellow colour.
On the daily chart, it's gonna fill the gap created on July 22nd.
So, to sum up, I think it's a good opportunity for bullish buyers. What do you think?
Give me a like if you're with me.
Note
Price got response to the zone. Note
I love the formation. It's pretty bullish. Note
It formed a daily basing candle yesterday. A bullish leg-out one is likely to be created. Note
As expectedNote
New high created...Setup works well.
plan your trade and trade your plan
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plan your trade and trade your plan
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.