🔹MSFT has broken the rising trend up in the medium long term, which indicates an even stronger rising rate.
🔹Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term.
🔹RSI is above 70 after a good price increase the past weeks.
🔹High RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
🔹Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term.
🔹RSI is above 70 after a good price increase the past weeks.
🔹High RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
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For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
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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.
The most profitable U.S. Stock VIP Signals Provider in Telegram Channel | Check our latest product updates: bit.ly/wavepoint-vip |
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
Related publications
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.