Get started
EduardGT

MSFT seems to be in accumulation phase going to $216

Long
Microsoft Corp. (NASDAQ:MSFT)  
EduardGT  
NASDAQ:MSFT   Microsoft Corp.
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
After the sell-off, MSFT seems to be in accumulation phase and is going to touch resistance at $216. ADX is going down the 20 line, which could confirms entering in trading range zone. After this accumulation phase it could continue with the uptrend. Good time to buy now!.
(This is my personal opinion and analysis)
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.