Tập đoàn MicrosoftGiá lên
MSFT Share Buyback + Bull Flag Breakout
MSFT had a shorter term bull flag breakout last week, but stalled around $430 which has been previous support/resistance. Not much action on it today, but they just announced a buyback and dividend after hours. So far only seeing a small pop in after hours trading.
I'm skeptical about tech stocks in particular being bullish, but right now we have a lot of breakouts and bullish charts. I wouldn't do anything crazy until after FOMC, but this is one I'll have my eye on. Not only do we have the news, but I consider this $430 area to be a major one.
If it is able to break back above and continue the momentum, it should eventually hit the bull flag pole target around $456. Next upside target from there would be ATH. I'd be comfortable holding longs until it breaks back below $430 at which point I'd stop out.
I'm skeptical about tech stocks in particular being bullish, but right now we have a lot of breakouts and bullish charts. I wouldn't do anything crazy until after FOMC, but this is one I'll have my eye on. Not only do we have the news, but I consider this $430 area to be a major one.
If it is able to break back above and continue the momentum, it should eventually hit the bull flag pole target around $456. Next upside target from there would be ATH. I'd be comfortable holding longs until it breaks back below $430 at which point I'd stop out.
Subscribe to support the cause and for live trade alerts, commentary, private ideas, and more:
ko-fi.com/advancedplays/
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.