MSFT - 8.23.21 - Pullback Area
Updated
It seems i was slightly off of my upper trend line.
But now since I have adjusted it and it makes sense.
My analysis is still the same as before. :)
Look for price to either slightly pull back to or near the YELLOW line, or...go sideways up along the BLACK line. It will then pull back to the YELLOW and/or to the GREEN TARGET BOX area.
But now since I have adjusted it and it makes sense.
My analysis is still the same as before. :)
Look for price to either slightly pull back to or near the YELLOW line, or...go sideways up along the BLACK line. It will then pull back to the YELLOW and/or to the GREEN TARGET BOX area.
Note
The last week was a res. Line breaker as you see in the chart. I will leave it in and see what the next 2 to 3 weeks look like
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