MSFT is on healthy bullish technical levels on the 1D timeframe (RSI = 60.229, MACD = 3.110, ADX = 14.662) and there is no indication that the current uptrend won't be extended. We expect the current HH bullish wave of the Channel Up to continue as high as 450.00 before a technical correction. This is what took place after the July 18th 2023 HH, which pulled back...
NASDAQ:MSFT had a bullish gap in April 2023 from which the last bullish leg originated . It is currently developing a countertrend bearish leg within a descending channel. There is a clear bearish divergence with the oscillator .
We think there is a high probability that it will try to close this bullish gap . To do so, it will have to look for the floor of...
Microsoft accidentally revealed that Xbox Series X|S sales exceeded 21 million units worldwide
As posted by Twitter user 'John Welfare' after being spotted by @Lukastaves Microsoft held a presentation during this year's BIG Festival in Brazil which is taking place from June 28th through July 2nd. Interestingly, during this presentation, Microsoft showed a sheet...
On the chart we can see the main resistance (red) and several supports levels (green).
As the Relative strenght index remains strong we expect the price to continue higher and reach the resistance.
Stop loss: 359.9 USD
Target:315.72 USD
We would enter a short position once the price reaches the resistance line.
![MSFT: [EN] MSFT will close the gap of April 2023 // GaliortiTrading](https://s3.tradingview.com/q/QhDAtaw5_mid.png "[EN] MSFT will close the gap of April 2023 // GaliortiTrading")
