Microsoft Corporation is an American multinational technology corporation which produces computer software, consumer electronics, personal computers, and related services.
From mid-May, we can see an increasing trend of the Microsoft Corporation. However, according to the MACD indicator that shows a bearish confirmation, we expect a decrease in the stock price. Also, RSI recently reached 70 and is showing a decrease these days. Moreover, the price hit an upper boundary of the Keltner channel.
Position: SHORT
Stop-loss $302.81
Entry range: $299.93-$302.81
Target I: $286.88
Target II: $274.82
As soon as target I is reached, we recommend repeating the test again and deciding whether to continue with a short position hence, to target II, or to go a long position.
From mid-May, we can see an increasing trend of the Microsoft Corporation. However, according to the MACD indicator that shows a bearish confirmation, we expect a decrease in the stock price. Also, RSI recently reached 70 and is showing a decrease these days. Moreover, the price hit an upper boundary of the Keltner channel.
Position: SHORT
Stop-loss $302.81
Entry range: $299.93-$302.81
Target I: $286.88
Target II: $274.82
As soon as target I is reached, we recommend repeating the test again and deciding whether to continue with a short position hence, to target II, or to go a long position.
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.