NeeteshJain

Microsoft Breaks out from 40 weeks (10 Months) Trading Range

Alış
NASDAQ:MSFT   Microsoft Corp.
Last week Friday closing confirmed the weekly breakout of price action from a previously trading range. Trading range was 40 weeks long where we saw major buying and selling of the stock, which is also called Value Area.

As per the volume profile, if any stock's price action moves above the value area then it signals a buy opportunity which we could see at Microsoft after a breakout from a high volume value area and also previous resistance.
I believe it is a strong buy for now,

Target 1: 61
SL: 56
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.