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dorfmanmaster

MSFT breakout from triangle

Long
Microsoft Corp. (NASDAQ:MSFT)  
dorfmanmaster  
NASDAQ:MSFT   Microsoft Corp.
Technical Indicators Chart Patterns Trend Analysis Microsoft (MSFT) breakout nasdaq QQQ overextended azure megacap trianglebreak microsoft
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indicator chartpattern trendanalysis msft breakout nasdaq qqq overextended azure megacap trianglebreak microsoft
MSFT tested current support 3 times, before breaking out of it today.

Getting good risk-reward-ratio.

QQQ is getting overextended, but the RSI(14)@65 on MSFT is not in overbought territory yet (which is not an indication of a sell, just something to watch).
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