tradewithpuneet

Microsoft giving Breakdown Reversal Alert at $206

Long
NASDAQ:MSFT   Microsoft Corp.
Microsoft has been moving along 50 days EMA . It broke that support yesterday and is currently right back at it. Important for it to reclaim the 50 days EMA and move up along with it.
On hourly charts, it has given a probable fake breakdown reversal alert.

One can plan an entry at the current price ($210), with a stop loss at around $203.
If the Uptrend continues, it can be trailed with 50DEMA.
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SEBI Registered Research Analyst.

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