VincePrince
Long

MICROSOFT - Tech giant on the rise!

NASDAQ:MSFT   Microsoft Corp.
Hello, interesting things going on with MICROSOFT the TECH GIANT. In my chart you see MICROSOFT trading above the EMAs 20-55. It is also in an uptrend channel which may brake out in future with some more bullish movement. MICROSOFT already touched three times the upper line of the uptrend channel , it is highly possible that MICROSOFT forms a break-out at the fourth time.

You can see in my chart the possible next move for MICROSOFT with price projection with target at 165 - 168.

This is educational infomration and should not be used to take action in markets!

Thanks for watching!



$137 resistance has to break though. There are tons of sellers at that level that might outweigh the buying short term. Im short $MSFT until earnings. Earnings need to be really good because the stock is currently priced for perfection.
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In33muney In33muney
@In33muney, nice work btw! Need a pullback b4 earnings.
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Leave us a follow aswell mate, nice work and setup!
+1 Reply
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