MSFT ~ Snapshot TA (Daily / Nov 2023)
Updated
MSFT chart mapping/analysis.Bullish price momentum within an ascending parallel channel (green).
Bull target(s)
- Breakout above ascending trend-line resistance (white dotted)
- Upper range of ascending parallel channel (green)
- Upper range of ascending parallel channel (light blue)
- 23.6% Fib + ascending parallel channel(s) confluence resistance zone
Bear target(s)
- Underlying gap fills (~357.54 / ~339)
- Ascending trend-line support (white dotted)
- 38.2% Fib
- Lower range of ascending parallel channel (green)
- 38.2% Fib + parallel channel (green) confluence support zone
- 50% Fib
- Gap fill (~280.39) + Golden Pocket Fib confluence support zone
- Lower range of ascending parallel channel (light blue)
Comment
Note: TradingView chart was dividend adjusted (ADJ) when mapped.Comment
MSFT fighting trend-line resistance. Candle wicks indicate bulls are trying to hold the line.Choppy battleground until one side "engulfs" the other & claims momentum, TBC.
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