Bullish Entry on Microsoft
Updated
NOTE:
We provide charts every day, so Comment, Like, and Follow to help us grow!
SUMMARY:
Getting a long signal on Microsoft (MSFT). Can tech continue to rally here despite other sectors weighing us down? Let's hope the open tomorrow brings only green!
---
STRATEGY USED:
Silver Scalper
Trend Confirmation = Range MA
Entry Signal = Bull/Bear Power
Exit Signal = Bull/Bear Power OR Range MA
---
DESCRIPTION:
1. Range MA is showing an uptrend (Green bar color).
2. We recently obtained a Bull signal from Bull/Bear Power prior to the days close.
3. Since our trend indicator is painting an uptrend we will be using that Bull signal as a long entry signal.
4. Looking at the support levels S1 and S2 for potential support.
5. Looking for resistance at R1 and R2 if we do move up.
We provide charts every day, so Comment, Like, and Follow to help us grow!
SUMMARY:
Getting a long signal on Microsoft (MSFT). Can tech continue to rally here despite other sectors weighing us down? Let's hope the open tomorrow brings only green!
---
STRATEGY USED:
Silver Scalper
Trend Confirmation = Range MA
Entry Signal = Bull/Bear Power
Exit Signal = Bull/Bear Power OR Range MA
---
DESCRIPTION:
1. Range MA is showing an uptrend (Green bar color).
2. We recently obtained a Bull signal from Bull/Bear Power prior to the days close.
3. Since our trend indicator is painting an uptrend we will be using that Bull signal as a long entry signal.
4. Looking at the support levels S1 and S2 for potential support.
5. Looking for resistance at R1 and R2 if we do move up.
Note
We have hit R1, going to look for a reaction here, but still following the strategy.Note
Prior Bull signal looking good. Gap opened to the upside. Currently meeting resistance right at the level we had highlighted.
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.