Microsoft -
MSFT - will break the all time high:

(click chart above to see the in depth analysis👆🏻)
Levels to watch: $450
Keep your long term vision!
Philip (BasicTrading)
(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)
Trade active
Microsoft - (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)
Trade closed: target reached
Microsoft - (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)
Keep your long term vision!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.