MSFT Daily analysis - Ascending triangle
-D1 very strong RSI neutrality zone (44%)
-D1 beautiful ascending triangle with pullback
-230.00 usd resitance has been broken and became a support
-Strong daily bullish channel
For me Microsoft stock is bullish, and now could be a great moment to buy it for swing trading.
I've set SL and TP for you, but you can adjust as you prefer, I'have also put Fibonacci extension levels that could are great targets.
-D1 beautiful ascending triangle with pullback
-230.00 usd resitance has been broken and became a support
-Strong daily bullish channel
For me Microsoft stock is bullish, and now could be a great moment to buy it for swing trading.
I've set SL and TP for you, but you can adjust as you prefer, I'have also put Fibonacci extension levels that could are great targets.