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Microsoft Corp.

MSFT at Risk of Losing Top Completion

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Microsoft gapped up on earnings in April. However, the pattern has weakened since then with gap down action. The stock is now at risk of losing a potential top candlestick pattern formation unless corporate buybacks are instigated to maintain the price level.

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MarthaStokesCMT-TechniTrader
Wizard
Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader

Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Juga pada:
buybacksCandlestick AnalysiscandlestickpatternChart PatternscompletionEarningsgapdowngapupMicrosoft (MSFT)topformationtoppingformationTrend Analysis

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buybacksCandlestick AnalysiscandlestickpatternChart PatternscompletionEarningsgapdowngapupMicrosoft (MSFT)topformationtoppingformationTrend Analysis
MarthaStokesCMT-TechniTrader
Wizard
Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader

Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Juga pada:

Penerbitan berkaitan

Penafian

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.