Continued from my earlier analysis, here is a video with a slightly updated view if MSFT does rally towards the 225-230 range in coming few days. I don't expect the big move to come this month though, I am anticipating the all time highs towards Jan 2021 at this stage.
Good luck!
Hello everyone, here is the top-down analysis for MICROSOFT, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Strength signal in the chart:
1. Pullback with Spring
2. Confirmation with green pentagon
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
In this video, we show you how to change your chart's timeframe with a few taps on your keyboard. While many of you are already familiar with this shortcut, we think it's worth highlighting here for those who haven't had a chance to try it.
To get started, type any number on your keyboard and then press Enter. Your chart will adjust its timeframe to the number...
on DAILY: price is sitting around a strong supply zone in red so we will be looking for objective sell setups on lower timeframes.
Keeping in mind that price can still test our Supply zone again to get more liquidity to be able to push price lower.
on M30: price is trading inside an objective wedge pattern in orange, so we are waiting for an objective breakout...
Hope this idea will inspire some of you !
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Kindly,
Phil
there is a formation of a cup and handle on MSFT
its currently meeting the "handle" support and resistence lines if it breaks through resistence (most likely) this would mean we should see it rise to around 94$ but if it fails we can see it going to around 93 to the next support line.
