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TraderSchizz

Nice long setup in MSFT. Broken through multiple resistance

Long
Microsoft Corp. (NASDAQ:MSFT)  
TraderSchizz  
NASDAQ:MSFT   Microsoft Corp.
SPDR S&P 500 ETF (SPY) Microsoft (MSFT) tradingstrategies
1
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spy msft tradingstrategies
MSFT has broken out of a diagonal trend that started on December 29th of last year. This also coincided with a break of 53 that had previously been tested 3 times in the last 30 days. Today MSFT found nice support on a retest of 53. Stock looks poised for a move back to 55 and then the 52 week high after that.
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