Microsoft - This might be the ultimate breakout!

26 May

Microsoft - MSFT - will break the all time high:

(click chart above to see the in depth analysis👆🏻)

If you wonder why Microsoft has been rallying +15% this month, market structure will give you an answer. In fact, the recent bullish break and retest was totally expected, and if we take into account the recent quite strong bullish behaviour, an all time high breakout will follow soon.

Levels to watch: $450

Keep your long term vision!
Philip (BasicTrading)

3 Haz

İşlem aktif

Microsoft - MSFT - perfectly broke the all time high:

(click chart above to see the in depth analysis👆🏻)

After officially creating the expected bullish rejection of about +15% in May, Microsoft is now simply breaking above the previous all time highs. Since there is no clear resistance above price, a confirmed breakout will push prices much much higher.

Levels to watch: $500

Keep your long term vision!
Philip (BasicTrading)

11 Haz

İşlem kapandı: hedefe ulaştı

Microsoft - MSFT - will rally even more:

(click chart above to see the in depth analysis👆🏻)

Being up another 2.5% this month, Microsoft is about to confirm the all time high breakout. Such a breakout is typically followed by a quite strong acceleration rally, potentially even retesting the upper trendline. It all comes down to this monthly candle.

Levels to watch: $500

Keep your long term vision!
Philip (BasicTrading)