Microsoft buy zone for upcoming correction
It looks like a market correction is coming in the next couple of weeks.
I have boxed the next buy zone from 275 to 284. It really depends on how deep the correction is going to be.
Please confirm with price action.
I have boxed the next buy zone from 275 to 284. It really depends on how deep the correction is going to be.
Please confirm with price action.
Комментарий:
Whenever MSFT pops above the top trendline, it tends to come back down to the bottom trendline (see Sept 2020 and Feb 2020) along with a market correction.
Комментарий:
Looks like it is coming down. Just be patient and wait for the entry at around 275-280
Комментарий:
Just a little bit more to my buy zone. I will nimble into this as the market is going down.
Комментарий:
It has just reached the top of the zone at the market close today. Wait to see if it will drop a little bit more to the bottom at around 275.