InvestingScope

MICROSOFT: Sell and Buy at the right place.

Long
BATS:MSFT   MICROSOFT CORP
MSFT is on healthy bullish technical levels on the 1D timeframe (RSI = 60.229, MACD = 3.110, ADX = 14.662) and there is no indication that the current uptrend won't be extended. We expect the current HH bullish wave of the Channel Up to continue as high as 450.00 before a technical correction. This is what took place after the July 18th 2023 HH, which pulled back to the 0.382 Fibonacci level. Consequently we are willing to buy again for the long term only at 400.00.



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