In Microsoft, we see an open volume-imbalance gap at the top of the target range. The market tends to close these gaps sooner or later. In our experience, they are more reliable than “normal” gaps.
In view of the technical chart situation and the stable fundamentals, we are bullish on Microsoft ahead of the earnings.
Please note: The stop loss shown is merely an idea. Experience shows that market movements at earnings are very volatile. It may therefore make sense to wait until after the figures are published before taking a position.
In view of the technical chart situation and the stable fundamentals, we are bullish on Microsoft ahead of the earnings.
Please note: The stop loss shown is merely an idea. Experience shows that market movements at earnings are very volatile. It may therefore make sense to wait until after the figures are published before taking a position.
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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.
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.