Hi guys how y'all doing?, today I'm going to talk about the beautiful Microsoft also about happened for the last week as always.
"She's sexy even when she bearish" - I just want to start with this quote 'by me' about MSFT to say how this stock moving alway in the right way with no noise, fewer surprises, non-random moves.
alright so as we can see in the chart that the price have no challenges or difficult levels to break for the next week.
we can see the candlestick in Daily timeframe at 11 Oct "18 ended as a Doji the next day (Friday) the pre-market price has a big amount of volume what push the price higher and make a Gap up so we can clearly see that we have a (Morning Star Pattern).
Also, the price now starts showing some good sign of a revers while the price moving up from the Oversold area. the last candle closed above the 80MA and my 'personal perspective' i see that when 80MA act as a support or resistance it will be hard break it.
Now of course there's has to be challenges for Microsoft like any other stock, and that's right, the main challenge for MSFT to start to show some correction is to break the first resistance level at $110.82 and I don't really think that this would be a problem for Mircosoft for the next week.
So yeah, this is "my thought" about Microsoft for the Next week, To the Next Sunday, have fun.
"She's sexy even when she bearish" - I just want to start with this quote 'by me' about MSFT to say how this stock moving alway in the right way with no noise, fewer surprises, non-random moves.
alright so as we can see in the chart that the price have no challenges or difficult levels to break for the next week.
we can see the candlestick in Daily timeframe at 11 Oct "18 ended as a Doji the next day (Friday) the pre-market price has a big amount of volume what push the price higher and make a Gap up so we can clearly see that we have a (Morning Star Pattern).
Also, the price now starts showing some good sign of a revers while the price moving up from the Oversold area. the last candle closed above the 80MA and my 'personal perspective' i see that when 80MA act as a support or resistance it will be hard break it.
Now of course there's has to be challenges for Microsoft like any other stock, and that's right, the main challenge for MSFT to start to show some correction is to break the first resistance level at $110.82 and I don't really think that this would be a problem for Mircosoft for the next week.
So yeah, this is "my thought" about Microsoft for the Next week, To the Next Sunday, have fun.