Microsoft Corp.
Panjang

JICPT| Microsoft setup worked well amid better earning report!

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Hello everyone. I've published a bullish idea of Microsoft on Sept. 29th, titled 'Microsoft Daily bullish gap fill trade!'. The setup works very well with a 14% absolutely return within just one month. You can refer the linked idea below for more details.

Today, the stock has edged up by more than 4% due to the better-than expected earning report which revealed that year-over-year revenue growth is almost 22%. That's the fastest growth since 2018. For tech companies, growth matters a lot.

For buyers who missed the trade, Now, what to do?

My followers may know that I'm not a big fan of breakout trade. I don't wanna to chase the price. Based on the daily chart, the zone around $308 marked should be a good re-entry zone.

What do you think? Give me a like if you're with me.



Penafian

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