MSFT About to Break after 4 Month Consolidation
Microsoft has yet to reclaim all time highs after it peaked in July at $468. Forming a symmetrical triangle as price is being compressed towards the breakout zone.
Recently price bounced off the support, into the 0.618 and into resistance. Looking for a potential break although there is strong resistance above, or a break down and continuation of the downward trend.
Let's see where this goes.
Recently price bounced off the support, into the 0.618 and into resistance. Looking for a potential break although there is strong resistance above, or a break down and continuation of the downward trend.
Let's see where this goes.
Not
blasted through resistance #1, lets see if we can hold this zone
Not
Long trade would look like this
Not
Would like to see the high next
Not
Back to entry, retest of the breakout
Not
Looking at these 2 zones now
İşlem kapandı: durdurma seviyesi
stopped out on the move back into the triangle. 
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.