- MSFT has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- MSFT has broken up through resistance at 257.
- This predicts a further rise.
- Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock.
- MSFT is overall assessed as technically...
Our long position from 19900$:
now we can expect a range market here or soon more pump is expected to the next resistances mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
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This is a follow-up of my last post where i explained that GBP/USD will continue it's bearish momentum.
The price is close to previous resistance level , i believe price will break through to test previous support level and make a reversal to the upside.
But there's a slight probablity that it may reverse after touching previous resistance level, in that...
![MSFT: MSFT - Falling Trend [MIDTERM]](https://s3.tradingview.com/m/MPNWHsnH_mid.png "MSFT - Falling Trend [MIDTERM]")
