MSFT stock price has stagnated since Aug 2024. Since hitting a peak of $ 468 in July 2024 the MSFT stock has been consolidating sideways. But the stock is still within the upward sloping channel in a weekly price chart. We are bullish if the price is above the midpoint of the upward sloping regression channel which lies $380. We should remember from Louis Yamada that ‘The bigger the base, the higher in space’. So, the consolidation in
MSFT can result in a major breakout. The daily Fib retracement of 0.236 lies $ 406. Accumulate MSFT between $406 and $380. 
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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.