MSFT bounced from major trend line
Markets act very healthy as money rotates to safe heaven, high dividend, large cap stocks. (more analysis on markets in link chart)
Yeasterday tech giant reversed from lows and closed near highs, means that buyers took control and regained important support at $39.
Today it triggered ENTRY LONG above previous hod @ $39.51.
STOP below $39 and $38.50
TARGET $41.25-$41.62
I want to see some follow through and construction above short term moving averages.
Yeasterday tech giant reversed from lows and closed near highs, means that buyers took control and regained important support at $39.
Today it triggered ENTRY LONG above previous hod @ $39.51.
STOP below $39 and $38.50
TARGET $41.25-$41.62
I want to see some follow through and construction above short term moving averages.
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