dipbuyssaveslives

$MSFT bearish volume divergence + bull flag

Short
NASDAQ:MSFT   Microsoft Corp.
$MSFT bounces off that strong resistance at $200. looking like a correction, leg down to 180. descending forms: lower highs and flat lows and a volume divergence: the price is going up but volume is decreasing.
when i look at it fundamentally, i think every company is super overvalued, we shouldn't be at all time highs even though i don't think company would get hurt by COVID-19. this doesnt mean market sentiment won't be riddled selling because of fear when $MSFT and the big index funds drop.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.