The Microsoft (MSFT) daily chart shows the following signs:
The Price of MSFT consolidates around the $40 the last month in a desceding triangle. The MACD is neutral and the RSI too. The Stock is over the EMA200, and has reached KUMO support.
I expect that the stock will continue the consoidations but has a long term divergence in MACD. If the stock break the support line, it has a support level at Span B of KUMO & then the EMA 200.
The Price of MSFT consolidates around the $40 the last month in a desceding triangle. The MACD is neutral and the RSI too. The Stock is over the EMA200, and has reached KUMO support.
I expect that the stock will continue the consoidations but has a long term divergence in MACD. If the stock break the support line, it has a support level at Span B of KUMO & then the EMA 200.
