Microsoft (
MSFT) is about to retest strong support:
Click chart above to see the detailed analysis👆🏻
In mid 2024 Microsoft perfectly retested the previous channel resistance trendline and the recent weakness has not been unexpected at all. However the overall trend still remains rather bullish and if Microsoft retests the previous all time high, a significant move will most likely follow.
Levels to watch: $350
Keep your long term vision!
Philip (BasicTrading)
MSFT) is about to retest strong support:Click chart above to see the detailed analysis👆🏻
In mid 2024 Microsoft perfectly retested the previous channel resistance trendline and the recent weakness has not been unexpected at all. However the overall trend still remains rather bullish and if Microsoft retests the previous all time high, a significant move will most likely follow.
Levels to watch: $350
Keep your long term vision!
Philip (BasicTrading)
Zlecenie aktywne
Trading update on Microsoft (MSFT):Click chart above to see the detailed analysis👆🏻
Microsoft is still a little bit hesitant when it comes to a significant move lower but eventually the rounding top formation will be confirmed. Quite likely that also with indices still acting very weak, Microsoft will drop a little more, perfectly retesting structure.
Levels to watch: $350
Keep your long term vision,
Philip (BasicTrading)
Transakcja zamknięta: osiągnięto wyznaczony cel
Trading update on Microsoft (MSFT):Click chart above to see the detailed analysis👆🏻
After closing the fourth consecutive month in a row in the red, Microsoft is now pretty close to retesting the previous all time high. Some short term volatility is totally expected but another drop of about -10% would offer a significant trading opportunity.
Levels to watch: $350
Keep your long term vision,
Philip (BasicTrading)
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.