Microsoft growth doubt

31 Tem 2022

MSFT has been down trending following this parallel channel's support & resistance, now testing resistance at $280 which is perfectly aligned with the daily 200MA & 0.5 fib level.
Fundamentally, fear from Q3 results because of interest rates hike & recession doubts, share holders will take partial profits at $280 or a little bit higher protecting themselves from the negative earnings impact.
DXY soaring:
DXY

1 Mar 2023

İşlem kapandı: hedefe ulaştı

Down way lower since this