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basictradingtv
Feb 16, 2024 7:53 PM

Microsoft - It's That Simple 

Microsoft CorporationNASDAQ

Description

Hello Traders, welcome to today's analysis of Microsoft.

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Explanation of my video analysis:

In 2019 Microsoft stock started creating a major bullish trendline which was tested again in 2020 and also the beginning of 2023. Furthermore Microsoft also broke out of a massive ascending triangle formation and is now just looking extremely bullish. If Microsoft retest the previous breakout area mentioned in the analysis, we will be looking for long continuation setups.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.
Comments
Sudheer-Hegde
Hi, Could you please let me know what parameters should we look for Bullish confirmation in smaller timeframes?
basictradingtv
@Sudheer-Hegde, Hey Sudheer, unfortunately I cannot share this publicly since it is part of my "Elite Program"
basictradingtv
If you are also waiting for a retest of this level, smash that "Like" button! Keep your long term vision.
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