MSFT Bullish: Price Action analysis
13/11 Candle shows selling pressure overwhelming buying (No anomaly)
12/11 Candle shows increasing selling from previous day (No anomaly)
11/11 Candle shows selling pressure (No anomaly)
10/11 Doji with normal volume (Anomaly)
9/11 Gap up with wide candle body but normal volume (Anomaly)
Pattern: Potential Bullish Pennant
Global view: MSFT will continue its direction upwards after a shaky sell off in October.
Action: Observe for reverse of current direction to confirm bullish movement. Might bounce off of 106 price area.
12/11 Candle shows increasing selling from previous day (No anomaly)
11/11 Candle shows selling pressure (No anomaly)
10/11 Doji with normal volume (Anomaly)
9/11 Gap up with wide candle body but normal volume (Anomaly)
Pattern: Potential Bullish Pennant
Global view: MSFT will continue its direction upwards after a shaky sell off in October.
Action: Observe for reverse of current direction to confirm bullish movement. Might bounce off of 106 price area.
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