Microsoft Corp.Long
MSFT on the move
MSFT looks fantastic. I like the pattern here: bullish crossovers on KST and Chaikin, KST breaking above a descending trendline, consistent movement along upper daily BB, and daily BB breaking out of the weekly BB. ADX doesn't fall to 10 frequently. 9 times since 2015. All instances were higher within 100 sessions, averaging 18% performance.
23% when excluding the times that the TRIX+SO wasn't showing an uptrend.
A move to the 1.618 would be in line with what we've historically seen.
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.