Microsoft is restoring its long term up trends after late August selloff
Recently the price bounced up from 10-year uptrend border, which is marked by the upper 1st standard deviation from 10-year mean @ 39.40.
If the upwards impulse continues, price will also restore its 5-year uptrend, by trading above its border, marked by the upper 1st standard deviation from 5-year mean at 43.75.
On short term basis nothing stops MSFT from restoring its long term trends, as price trades laterally within 1st standard deviations from 1-year and quarterly means.
Recently the price bounced up from 10-year uptrend border, which is marked by the upper 1st standard deviation from 10-year mean @ 39.40.
If the upwards impulse continues, price will also restore its 5-year uptrend, by trading above its border, marked by the upper 1st standard deviation from 5-year mean at 43.75.
On short term basis nothing stops MSFT from restoring its long term trends, as price trades laterally within 1st standard deviations from 1-year and quarterly means.
Penafian
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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.