PradeepSalunkhe

MSFT continues its BULLISH Run

Long
NASDAQ:MSFT   Microsoft Corp.
Primary trend is BULLISH for MSFT. Its trading at 75.44 today. On Point and Figure chart is shows breakout of its previous high which was around 59-60. This breakout was followed by pullback and then a double top. With this it has vertical 3 box count target of 88 which is active as of now. Recently it again made a long X column followed by reversal and double top. This has generated a target of 85 from current position of 75.44. This is 12.5% upside move. One can consider to ride positive momentum to generate profit with MSFT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.