benedekdomotor

Is it ready to break-out?

Long
NASDAQ:MSFT   Microsoft Corp.
That is the third time we touched the upper resistance at 305,33.
And it did not reject the price, it seems like it wants to break out.
High volume gap-up and weakening bearish momentum tells us the same, but there are also some red flags...
The RSI indicator is almost overbought, so be careful!
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.