Microsoft Corp.

Microsoft Parallel Channel and 200 DSMA worth watching

306
Microsoft - MSFT

Long Term Chart

▫️ An incredible long term trending channel.
▫️ Lets zoom in on Channel 1 and Channel 2

I have compared the 2019 - 2022 period(Channel 1) to the current 2022 - 2024 period (Channel 2) .

Channel 1
2019 -2022
syot kilat

Channel 2
2022 -2024

syot kilat

▫️ Both of these periods have had parallel channels with the 200 day SMA acting as underside support.

▫️ When these were both lost in Q1 2022, it led to an approx. 38% decline from the highs, or a c. 28% decline from losing the channel or 200 DSMA level.

▫️ This is a very strong chart. Unless the channel is lost which sync's up with a loss of the 200 day moving average (approx. $410), intermediate trend looks intact for continued upwards trajectory.

PUKA

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.