MSFT | Strong bullish trend, stay long.

Observation Summary: Multiple bullish signals as compared to bearish hence we have a good oppertunity to either stay long or enter the trade for a target of 455. Instant entry is possible at 411 or put buy stop at 417.

Anticipation:
~ Strong bullish trend continuation as there are not bearish divergences on RSI or Volumes on 1D.
~ The recent earning report was very positive, enhancing investor confidence.
~ Breakout did happen on retangular flag patter (a bullish continuation pattern) that also concides with strong support (363) and resistance (384.27) levels.
~ Price is now moving toward all times high resistance level of 416.59 and I strongly anticipate it will be broken, because price did retrace till FIB level 38.2% on 4H (till 396.16) and then started its bullish run.
~ Bullish trend line is still not breached and price is also above 200 EMA.
~ Entry could be made now or you can wait till last HH is broken at 416.59.
~ Considering FIB extension levels, price is anticipated to reach T1:455 and TP2:480.
~ Target 455 but it will be better to trial the stop loss and stay in the trade as long as possible.

Trade Plan:
~ PLAN A: Long (@ Market)
~ EN: 411,
~ SL: 359, TP1: 455, TP2: 480

~ PLAN B: BUY STOP
~ Entry 417,
~ SL: 359, TP1: 455, TP2: 480