NASDAQ:MSFT   Microsoft Corporation (Майкрософт)
Hi guys! looking for feedback on this idea.

Based on the bullish news ( 22B contract) I think MSFT is going to continue its uptrend direction. MACD and RSI look like they still have room to go to the upside. However, short-term traders should be careful if planning to enter Monday as we might see a retracement following all-time highs from SPY, which usually happens the day after it breaks resistance. A pullback is going to be normal if it happens so don't put your stop losses too tight.

If we see a break of the pitchfork center line (marked at 243.27) we might have a retest of MSFT all-time highs as soon as Tuesday.

Looking to open Long positions on Monday with a conservative price target of 245.06 for short-term profits ( i will re-enter if we break 246.14 resistance or average down if prices fall to pitchfork buy zone.) My stop loss would be 229.97 ( a fall from the trend support).

Let me know your thoughts! Thank you!

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.