MSFT About to Break after 4 Month Consolidation

12월 3일

Microsoft has yet to reclaim all time highs after it peaked in July at $468. Forming a symmetrical triangle as price is being compressed towards the breakout zone.

Recently price bounced off the support, into the 0.618 and into resistance. Looking for a potential break although there is strong resistance above, or a break down and continuation of the downward trend.

Let's see where this goes.

12월 4일

노트

blasted through resistance #1, lets see if we can hold this zone

12월 4일

노트

Long trade would look like this

12월 6일

노트

Would like to see the high next