Hello Community,
welcome to my new analysis about MSFT on the weekly timeframe perspective. The stock MSFT recently formed interesting developments which caught my attention. Therefore, I have spotted all the interesting and important underlying factors which will contribute to the upcoming price action.
When looking at my chart we can watch there how MSFT is trading within this consecutive uptrend. It has strong supports within the EMAs as well as within the ascending trendline channel marked in green. The most important part of this uptrend is the bullish triangle formation.
MSFT is already penetrating the upper boundary of the formation and is near a final breakout with further continued bullish acceleration towards the upside. Once the breakout above the upper boundary has formed, it will activate the upper target zones and the bullish trend will gain full traction and momentum.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP
welcome to my new analysis about MSFT on the weekly timeframe perspective. The stock MSFT recently formed interesting developments which caught my attention. Therefore, I have spotted all the interesting and important underlying factors which will contribute to the upcoming price action.
When looking at my chart we can watch there how MSFT is trading within this consecutive uptrend. It has strong supports within the EMAs as well as within the ascending trendline channel marked in green. The most important part of this uptrend is the bullish triangle formation.
MSFT is already penetrating the upper boundary of the formation and is near a final breakout with further continued bullish acceleration towards the upside. Once the breakout above the upper boundary has formed, it will activate the upper target zones and the bullish trend will gain full traction and momentum.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP
►Professional Trader + Investor ►VP Premium Trading Channels: bit.ly/4bUD8N8 ►Telegram Daily Update Channel: t.me/VincePrinceForexGoldStocks ►$100 bonus, +$30,000 rewards, 0% maker fee link: bybit.com/en/sign-up?affiliate_id=19964
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.
►Professional Trader + Investor ►VP Premium Trading Channels: bit.ly/4bUD8N8 ►Telegram Daily Update Channel: t.me/VincePrinceForexGoldStocks ►$100 bonus, +$30,000 rewards, 0% maker fee link: bybit.com/en/sign-up?affiliate_id=19964
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.