Hello everyone. I've published bullish trading ideas on Microsoft with entries of 246-249 and 222-225 respectively. After the recent decline, I think it's probably a good time to consider the bullish entry again!
On the weekly, the stock is testing the short-term MA which sits around 282. I also noted that uptrend line and a solid demand zone marked in yellow colour.
On the daily chart, it's gonna fill the gap created on July 22nd.
So, to sum up, I think it's a good opportunity for bullish buyers. What do you think?
Give me a like if you're with me.
On the weekly, the stock is testing the short-term MA which sits around 282. I also noted that uptrend line and a solid demand zone marked in yellow colour.
On the daily chart, it's gonna fill the gap created on July 22nd.
So, to sum up, I think it's a good opportunity for bullish buyers. What do you think?
Give me a like if you're with me.
Nota
Price got response to the zone. Nota
I love the formation. It's pretty bullish. Nota
It formed a daily basing candle yesterday. A bullish leg-out one is likely to be created. Nota
As expectedNota
New high created...Setup works well.
plan your trade and trade your plan
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plan your trade and trade your plan
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.