Deftsuo

Ascending triangle on Microsoft, could make new highs soon.

Long
Deftsuo Updated   
NASDAQ:MSFT   Microsoft Corp.
MSFT has been forming this ascending triangle pattern since early August, with a series of higher-low's and a relative flat line of resistance around 139.50 or so. Measured move of the break-out would put the price at around 147.50.

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Comment:
Here's a bit of a cleaner view:
Comment:
So far so good:
Comment:
Turned into a fake-out. Still put in a higher-low, so pattern isn't invalidated yet:
Trade closed manually:
Setup has now been invalidated.

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