MSFT Daily
MSFT: 6.49% of SPX
below Ichy cloud on daily (not shown)
below sharply declining 50 day EMA
Declining accum/distr trend (under distribution)
declining RSI(9) on daily.
attempted a bottom above the 50% fib on daily
currently at the top edge of a pennant flag channel, after a failed breakout attempt from the channel.
a key question to ask: is this pennant flag a bull flag or the beginnings of a trend reversal?
My take: although the 12 week RSI is positive at 54, there is a lot of overhead at the 335 area. I personally would not touch this long until the flag breakout occurs and the momentum and accumulation metrics change for the positive.
below Ichy cloud on daily (not shown)
below sharply declining 50 day EMA
Declining accum/distr trend (under distribution)
declining RSI(9) on daily.
attempted a bottom above the 50% fib on daily
currently at the top edge of a pennant flag channel, after a failed breakout attempt from the channel.
a key question to ask: is this pennant flag a bull flag or the beginnings of a trend reversal?
My take: although the 12 week RSI is positive at 54, there is a lot of overhead at the 335 area. I personally would not touch this long until the flag breakout occurs and the momentum and accumulation metrics change for the positive.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.