JICPT

JICPT| Microsoft setup worked well amid better earning report!

Long
NASDAQ:MSFT   Microsoft Corp.
Hello everyone. I've published a bullish idea of Microsoft on Sept. 29th, titled 'Microsoft Daily bullish gap fill trade!'. The setup works very well with a 14% absolutely return within just one month. You can refer the linked idea below for more details.

Today, the stock has edged up by more than 4% due to the better-than expected earning report which revealed that year-over-year revenue growth is almost 22%. That's the fastest growth since 2018. For tech companies, growth matters a lot.

For buyers who missed the trade, Now, what to do?

My followers may know that I'm not a big fan of breakout trade. I don't wanna to chase the price. Based on the daily chart, the zone around $308 marked should be a good re-entry zone.

What do you think? Give me a like if you're with me.




plan your trade and trade your plan
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.