TradingBrokersView

MICROSOFT Correction under the MA50 (1d) expected.

Short
BATS:MSFT   MICROSOFT CORP
Microsoft is trading inside a 14month Channel Up.
The MA50 (1d) is supporting since October 6th 2023, which is the same time length as the last Bullish Leg of the Channel Up.
It seems we are in a similar Bullish Megaphone Top formation.

Trading Plan:
1. Sell on the current market price.

Targets:
1. 395.00 (Support 1, which was the target during the previous Channel Up correction).

Tips:
1. The RSI (1d) is also forming an identical Bearish Megaphone as the June-July 2023 top.

Please like, follow and comment!!

Notes:
Past trading plan:


Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉

Also doing account management, earn +15% monthly profit!

👉CONTACT: t.me/tradingbrokersview

Stop gambling with your trades! 🎰
Start being profitable! 💰
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.