Microsoft Corp.
Panjang

MSFT - Consolidation, bullish signal needs to be confirmed

450
MSFT has been trading around $213, and has been consolidating and even losing momentum. Minus the News from a potential buy out of TikTok, Microsoft has been a solid earner, and has heavy cash flow, I expect this to keep resuming the current trend. However, be on the look out for a correction, which may happen soon. Since we are in consolidation, we need a confirmation of a bullish breakout to continue looking at this stock for higher profits. If candles show a reversal, we will be able to buy lower.

Penafian

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