Hello and welcome traders, today as always I wanna talk quickly about Microsoft and my expectations so let's just get into it...
Of course, if you look at the chart above, you will find that you have drawn two circles to show that Microsoft is trying to repeat price movements that started this year. The stock in late December 2017 was moving in a bullish trend until the beginning of 2018. The volatility between January and April is now at $ 96, and the price has fallen nearly 10% to $ 87. But bulls did not wait for the price to reach "oversold" to make positive moves, the bulls injected a strong liquidity that pushed the price in the next period to break the previous level and the stock continued to make upward movements with some minor price fluctuations that did not affect negatively On the big price path.
Then, if we look at the chart above, we find that the current price has reached its peak for worth up to $ 116 and then began its value in the decline in the period between "24 Sep" to the day "28 Oct," now in the previous idea published last week about Microsoft called "MSFT: 'ER' EXPECTATIONS", I expected that the profits announced by the company reports may be a green flag for traders to do moves upward in a positive reaction if the report contains good numbers.
But in fact what happened is that the stock price was not affected significantly after the company announced on its reports, but we can say that next week is what will confirm whether the reports that have been published is enough to push traders and investors to regain leadership and raise the value of the current stock to new levels or that the next destination will be the $97 level
So yeah, this is "my thought" about Microsoft for the Next week, To the Next Sunday, have fun.
Of course, if you look at the chart above, you will find that you have drawn two circles to show that Microsoft is trying to repeat price movements that started this year. The stock in late December 2017 was moving in a bullish trend until the beginning of 2018. The volatility between January and April is now at $ 96, and the price has fallen nearly 10% to $ 87. But bulls did not wait for the price to reach "oversold" to make positive moves, the bulls injected a strong liquidity that pushed the price in the next period to break the previous level and the stock continued to make upward movements with some minor price fluctuations that did not affect negatively On the big price path.
Then, if we look at the chart above, we find that the current price has reached its peak for worth up to $ 116 and then began its value in the decline in the period between "24 Sep" to the day "28 Oct," now in the previous idea published last week about Microsoft called "MSFT: 'ER' EXPECTATIONS", I expected that the profits announced by the company reports may be a green flag for traders to do moves upward in a positive reaction if the report contains good numbers.
But in fact what happened is that the stock price was not affected significantly after the company announced on its reports, but we can say that next week is what will confirm whether the reports that have been published is enough to push traders and investors to regain leadership and raise the value of the current stock to new levels or that the next destination will be the $97 level
So yeah, this is "my thought" about Microsoft for the Next week, To the Next Sunday, have fun.
