• MSFT is reacting just above a clear support level at $235.10 (dividend adjusted chart);
• Although we see a strong bullish reaction, we don’t see reversal signs yet;
• Would be good if MSFT close the weekly chart like this, or if we see a clear bullish reversal pattern in the daily chart before assuming it’ll reverse;
• Either way, there are two open gaps (yellow squares, daily chart), and they would be our next targets if MSFT confirms a reversal;
• On the other hand, by losing the $235 level, it will just resume the bear trend and seek the $200 area;
• This could be the beginning of a strong reversal, so it is important to keep an eye on MSFT for now, as the Risk/Reward ratio looks very good.
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
• Although we see a strong bullish reaction, we don’t see reversal signs yet;
• Would be good if MSFT close the weekly chart like this, or if we see a clear bullish reversal pattern in the daily chart before assuming it’ll reverse;
• Either way, there are two open gaps (yellow squares, daily chart), and they would be our next targets if MSFT confirms a reversal;
• On the other hand, by losing the $235 level, it will just resume the bear trend and seek the $200 area;
• This could be the beginning of a strong reversal, so it is important to keep an eye on MSFT for now, as the Risk/Reward ratio looks very good.
I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.