The market is Bullish, but the Violation of the trend line (it is not a very strong trendline) and the volume in the bearish direction should give us a warning.
Can it be a reversal signal? we need to wait a couple of days and perhaps we should wait for the Financial Q3 Report.
Microsoft will report fiscal Q3 2020 earnings after the market close on Wednesday and the outcome seems to be positive.
The fundamental says that the Financial results should be positive, so ideally we should go long, but technical analysis gives us a warning for now. I might be wrong, but really I doubt that Microsoft will not be impacted by the CoronaVirus and do not forget that generally Market do not follow the most logical economic path.
Can it be a reversal signal? we need to wait a couple of days and perhaps we should wait for the Financial Q3 Report.
Microsoft will report fiscal Q3 2020 earnings after the market close on Wednesday and the outcome seems to be positive.
The fundamental says that the Financial results should be positive, so ideally we should go long, but technical analysis gives us a warning for now. I might be wrong, but really I doubt that Microsoft will not be impacted by the CoronaVirus and do not forget that generally Market do not follow the most logical economic path.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.