Whenever I drew my chart with a buy zone, some followers are bent on buying ONLY at the lower end of the support , ie 318.22. I have reiterated that drawing the support and resistance line is based on historical pattern and it may or may not revisit those levels ALL the time !
To just missed a great opportunity simply because you want to catch it at the bottom is not only foolish but risky!
It could jolly well rally from here since there is a ceasefire and who knows after going up for 5-10%, it might tumble further if Trump decides to bomb Iran part 2 (history repeats)
With the war threatening energy costs globally, MSFT is gonna squeeze for higer spending since data centres that they built rely heavily on electricity!
My suggestion is to buy 5% and then add more say 10-15% if you LIKE this company and have done your own research.
Please DYODD
To just missed a great opportunity simply because you want to catch it at the bottom is not only foolish but risky!
It could jolly well rally from here since there is a ceasefire and who knows after going up for 5-10%, it might tumble further if Trump decides to bomb Iran part 2 (history repeats)
With the war threatening energy costs globally, MSFT is gonna squeeze for higer spending since data centres that they built rely heavily on electricity!
My suggestion is to buy 5% and then add more say 10-15% if you LIKE this company and have done your own research.
Please DYODD
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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.
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.