MSFT daily chart shows consolidation just below the daily 50 and 65 EMAs. If MSFT can confirm this daily supply to the upside, there is significant space on the chart up to the daily 50 SMA, which gives this trade a large measured potential. Many 
QQQ names have reclaimed their daily 50 SMAs, and as long as the index continues to build above its daily 50 SMA, MSFT is likely to catch up. As MSFT is a thinner name, this trade will be more likely to work during the morning trading session when liquidity is higher. Note
MSFT weekly chart shows a similar measured potential up to the weekly 10 SMA 🚀 x.com/DMT_Doctor/status/1826283985120706584Note
MSFT has yet to confirm this move and build above the daily 100 SMA, which is necessary for a potential test of the daily 50 SMA. With no confirmation, there is no trade entry; however, it remains on watch for a future reclaim of the daily 100 SMA supply.
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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.