Microsoft Corp.
Long
Updated

Microsoft Daily bullish setup(246-249) ,Buy the dip!

334
Hello everyone. My previous published idea on March 15th titled 'Microsoft Daily bullish setup(222-225), buy the dip!' has generated approximately 14% return. Price missed the setup but I caught another pull-back opportunity. You can check the linked idea below for more details.

Now, I spot another bullish setup at the zone of 246-249. Technical reasons are as below:

1. Momentum
2. flip zone
3. demand zone with 61.8% fib inside

Microsoft is really a great company. Buy and hold plays very well. Look at its beautiful chart and you don't wanna miss the chance.

Note
Zone touched and worked well.
snapshot

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