Volume/$ shows maybe the big money has not really followed MSFT over the last decade. The higher price goes the fewer dollars are traded into it.
The point of control is still way down at 25.5 while price is over 4 times that.
It's hard to count any elliot waves on the month chart but it's looking like it would not be surprising to find that it's about at the end of a long impulse cycle and an ABC correction is about due.
The volume profile shows 80 would be a reasonable location for price to be at some point because of the low volume region there.
If it goes to 80 and consolidates it might be a good buying opportunity assuming the rest of the market is also bullish.
There is also a high volume region around 46.
The point of control is still way down at 25.5 while price is over 4 times that.
It's hard to count any elliot waves on the month chart but it's looking like it would not be surprising to find that it's about at the end of a long impulse cycle and an ABC correction is about due.
The volume profile shows 80 would be a reasonable location for price to be at some point because of the low volume region there.
If it goes to 80 and consolidates it might be a good buying opportunity assuming the rest of the market is also bullish.
There is also a high volume region around 46.