Traders should take note of the potential trading range that may be developing here in MSFT
Break angle a and horizontal,,, Need to hold angle c for bullish movement,,, Possible target at the symetry angle (box)
After a terribly boring 4 months of consolidation it the pattern has finally broken out in a massive upswing.....finally
Since november of last year MSFT has largely stayed within the same range trending between 26-27.75 from Nov-Jan, giving us what appeared to be a breakout in early February. However, instead this breakout has turned into another consolidation pattern has MSFT created a bullish ascending triangle, and given that generally the longer something consolidates for the...
Read chart. take your money and do not come back!