#MSFT is currently in #overbought territory, which may cause the price to #temporarily decline to the $425–$445 range.
The chart indicates the price is moving between two #inner trendlines.
However, MSFT has broken out of the bearish trend ( ran out of the fear), with the next potential targets at $500 and, later, $600.
Sadreddini
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.
Sadreddini
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.