At the close of April 30, 2024, with an ugly price action, 
MSFT started to enter an area between 30-week MA (orange) and 52-week MA (purple) as shown in its weekly chart below
Which is equivalent to an area between 150-day MA (orange) and 200-day MA (purple) on its daily chart.
This area was also a consolidation zone between Nov 13, 2023 and Jan 8, 2024.
Let's watch closely if this area can again be a support are for this stock during this overall market correction.
MSFT started to enter an area between 30-week MA (orange) and 52-week MA (purple) as shown in its weekly chart belowWhich is equivalent to an area between 150-day MA (orange) and 200-day MA (purple) on its daily chart.
This area was also a consolidation zone between Nov 13, 2023 and Jan 8, 2024.
Let's watch closely if this area can again be a support are for this stock during this overall market correction.
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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.
Publications connexes
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.