Microsoft has been moving along 50 days EMA. It broke that support yesterday and is currently right back at it. Important for it to reclaim the 50 days EMA and move up along with it. 
On hourly charts, it has given a probable fake breakdown reversal alert.
One can plan an entry at the current price ($210), with a stop loss at around $203.
If the Uptrend continues, it can be trailed with 50DEMA.
On hourly charts, it has given a probable fake breakdown reversal alert.
One can plan an entry at the current price ($210), with a stop loss at around $203.
If the Uptrend continues, it can be trailed with 50DEMA.
Pro-Setups is meant for Swing and Positional Trading. It is a combination of scripts on TradingView, and a screener Dashboard on web. Whatever you scan on Dashboard, you can see the same on your charts.
For details, please visit pro-setups.com
For details, please visit pro-setups.com
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.
Pro-Setups is meant for Swing and Positional Trading. It is a combination of scripts on TradingView, and a screener Dashboard on web. Whatever you scan on Dashboard, you can see the same on your charts.
For details, please visit pro-setups.com
For details, please visit pro-setups.com
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.