MSFT: breakout to $190 ? 3rd time is a charm
here's a quick analysis of 5 trading weeks of MSFT using the 4h resolution
- using our VViewer to inspect the estimated supply & demand
1. last Friday, MSFT made the 3rd attempt to break above the $187-$188 resistance and go into a new ATH
2. according to the chart, this was the first time it did this with determination (increasing demand) - the past 2 attempts had diminishing demand as VViewer shows
so what to expect? if the sentiment doesn't change over the weekend for some reason (news?), we may expect a breakout above $188 and MSFT to establish a new range around the $190. will come back and update price levels and projection if that happens
Let's watch how this move unfolds on Monday - stay safe and good luck !
- using our VViewer to inspect the estimated supply & demand
1. last Friday, MSFT made the 3rd attempt to break above the $187-$188 resistance and go into a new ATH
2. according to the chart, this was the first time it did this with determination (increasing demand) - the past 2 attempts had diminishing demand as VViewer shows
so what to expect? if the sentiment doesn't change over the weekend for some reason (news?), we may expect a breakout above $188 and MSFT to establish a new range around the $190. will come back and update price levels and projection if that happens
Let's watch how this move unfolds on Monday - stay safe and good luck !
