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MSFT April 18, 2024: Can It Hold The Support?
Microsoft Corp.
MSFT April 18, 2024: Can It Hold The Support?
By longsonvn
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Apr 19
1
Apr 19
At the close of April 18, 2024,
MSFT
is trading right at the support trendline, the yellow line shown on the chart.
If the stock cannot hold this trendline, the pattern suggests the further decline 6-8% to its 200-day moving average.
It was a good decision to cut short our loss when buying at the new high (see the related ideas section)
Chart Patterns
Trend Analysis
longsonvn
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