The Microsoft Corp (NASDAQ:MSFT) Daily Diagram Technical Analysis shows the following:
The (MSFT) share follows the support of the long term trend line (green) on this uptrend. All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as the monthly too (overbought).
So the first think in mind is the 2.618 of fib. MACD is turning bullish and RSI = 68. The volume is more than the usual (28%).
Last Friday's green candlestick is above the Tenkan Sen
There is no special pattern.
Long with stop Loss under the Support line.
The (MSFT) share follows the support of the long term trend line (green) on this uptrend. All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as the monthly too (overbought).
So the first think in mind is the 2.618 of fib. MACD is turning bullish and RSI = 68. The volume is more than the usual (28%).
Last Friday's green candlestick is above the Tenkan Sen
There is no special pattern.
Long with stop Loss under the Support line.
