rjchilia123

Likely a Correction

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rjchilia123 Обновлено   
NASDAQ:MSFT   Microsoft Corporation (Майкрософт)
Microsoft has good fundamentals that it has likely priced most of those in at least in the near term

Msft broke trend, appears to have a topping pattern along with a bearish engulfing candle on the daily candles, I can see a clean Bearish rising wedge and measured it out. It will likely over shoot the measured target for one of the support lines. The moving averages are still holding strong bullishness. keep in mind msft still has bullish engulfing candle on monthly and weekly.
Комментарий:
A break below $132.77 is significant and likely means the rising wedge will play out
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