Gaps in yearly chart are filled...MSFT seems to always fill it's gaps.
No rising wedges in the chart right now..refreshing (o:
Pole is long and flag is tight, for now..but the only thing that never changes is change and that includes patterns, and the market..no divergences noted
A big divergence between price and RSI is a sell signal for me, especially if the divergence is also on the weekly time frame. It may not happen immediately, but seems the RSI usually wins that batte in time. Other sell signals are..reaching your target (o: A plunge through strong support, The unexpected is one for me as well, of course an obvious trend change, if the other members of the industry are treading water, and an extreme overbought reading on daily, weekly and monthly RSI..and these days I set it on 80 verses 70, but do take note and place a stop when daily at 80 is overbought.
The top trendline of the A triangle can also serve as support..There is also a Flag on RSI. I like it when they match (o:
This is a long term hold for me and I do not do that often..so I may be biased..use your own research and your own judgement on this one..
Not a recommendation
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Seems that even though this one was not in a rising wedge, it is moving down with AAPL )o: I should have remembered these move together and AAPL is in a rising wedge so falling.. I will remember that in the future!
@lauralea, I bought this for $90 a several years ago..seems like yesterday! I will hold on to it though. I prefer this one to AAPL, and I do not know why..lol
xgonnagive2ya
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With the current chart, do you think the flag turned into a ascending wedge?
lauralea
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@xgonnagive2ya, No..the A triangle was before the flag. Price is now inside the flag. Price broke from the A triangle earlier