Which way will Microsoft go from here?

28 de nov. de 2023

Here we have MSFT this is a very interesting one. My bias is to the upside for a swing but, this really could go either way. But either way it goes, MSFT is in for a massive move. As you can see here we have formed a trendline and a resistance line on the 4 hourly chart. What I assume will happen is that we break the upper resistance line on the daily heikin ashi candlesticks with heavy volume and rip up for possible weeks to come. If we break down, my target would be previous resistance which is all the way down the the 351 level. As always, thank you for reading my analysis on Microsoft and have a blessed trading week. #MSFT