The Microsoft (MSFT) weekly chart shows the following signs:
The Price of MSFT make a Long green Candlestick giving a bullish sign over the Tenkan Sen. The MACD is on marginally ready to give a bullish sign and the RSI is already on bullish. Volume is UP. The Stock is over the EMA200, over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the upside move in the channel up inspite of the divergence in MACD as I have mensioned last week.
The Price of MSFT make a Long green Candlestick giving a bullish sign over the Tenkan Sen. The MACD is on marginally ready to give a bullish sign and the RSI is already on bullish. Volume is UP. The Stock is over the EMA200, over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the upside move in the channel up inspite of the divergence in MACD as I have mensioned last week.
