MSFT Monthly accumulation
Wyckoffian logic can be successfully applied on any timeframe if it aligns with the overall narrative of price - In this case Microsoft on a Monthly chart.
Microsoft was at a 10 year low, dropping from an all-time high of 60 to 15, but still fundamentally a strong company. Allowing the composite operator to buy orders at a discount price before engineering price to go bullish again.
Microsoft was at a 10 year low, dropping from an all-time high of 60 to 15, but still fundamentally a strong company. Allowing the composite operator to buy orders at a discount price before engineering price to go bullish again.
Disclaimer
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.