FirasMohamed

MICROSOFT: NO CONFIRMATION

NASDAQ:MSFT   Microsoft Corp.
Same with Google the same with Microsoft, last Jul the price move up until it hit the Upper-line of the channel and then it back downward, but if we zoom out the chart we can find that the price goes now as a sideways (flat), now the price in the middle so it's hard to guess the next move where it going to be (especially when market close). but I can tell about price current position that the next move has to be down so it can hit one of two powerful support's (the lower-line of the channel / the support line in 105.9 levels), after hitting one of these supports it makes sense for the price to go up.

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