Microsoft - We Will See A Correction!

٢ أكتوبر

Microsoft (MSFT) can actually create a correction:



Click chart above to see the detailed analysis👆🏻

Microsoft is one of the strongest stocks over the past decade and also over the past couple of months, there was no clear sign of weakness. Therefore, it is actually not extremely likely that a correction will happen, but if it does, this will offer a long term texbook trading opportunity.

Levels to watch: $420, $350

Keep your long term vision,
Philip (BasicTrading)

٧ أكتوبر

تم فتح الصفقة

Trading update on Microsoft (MSFT):



Click chart above to see the detailed analysis👆🏻

Nothing changed so far and Microsoft is clearly heading lower, rejecting the upper resistance trendline. Just remember that Microsoft is such a strong stock overall, every minor dip might already be a buying opportunity. But don't be too greedy and don't chase any trading setups.

Levels to watch: $350

Keep your long term vision,
Philip (BasicTrading)