This is based off my opinion, and the fact that I don't bet against Bill Gates. I don't care for him either, just a trade idea. Not financial advice, stock is very high.
NASDAQ:MSFT Everyone is doing the SIP the Wrong way...
Follow the "SIP Smartly" Indicator to do it Right.
We should do the SIP when others are fearful.
Do your research to pick the quality stock and add "SIP Smartly" Indicator and keep SIPping when you get a Buy alert for your stocks and sit back and enjoy. And let magic of compounding generate wealth for...
Technicals showing bearish divergence on the weekly time frame with double top formation. Also getting weekly below 20MA will be bearish. I expect if market continues to dip, it might test the 0.618 fibonacci level at 271.46. Currently I'm bearish on Microsoft.
Look at this chart.
Hellos guys. Good evening. It is at its support zone as of now it is trying for long term buying. Go with flow at your own risk.
Thank you❤
As everyone can see, here was a good buying apportunity we have. Buy on dip is still available. Yes, at support zone, look for bullish candle to form. Then enter with a small stoploss at your own risk.
Microsoft continues to look strong in this weak market. Keep a stop loss at $240 for targets of $340 in the coming months. Microsoft's stake buying in OpenAI has certainly helped the company in getting ahead in the AI race.
