$MSFT - Really difficult chart
Microsoft seems not to be doing anything.
The long term trend is clearly bullish, which might be speaking of this present as a consolidation process to continue the bullish move.
Price will probably continue consolidating inside this triangle.
We are still above MA50, MA100 and MA200.
Ideal moment to sell short-term covered calls.
If you are long, I'd suggest to keep your position.
If you are out, I'd probably wait a week or two to get in.
Microsoft seems not to be doing anything.
The long term trend is clearly bullish, which might be speaking of this present as a consolidation process to continue the bullish move.
Price will probably continue consolidating inside this triangle.
We are still above MA50, MA100 and MA200.
Ideal moment to sell short-term covered calls.
If you are long, I'd suggest to keep your position.
If you are out, I'd probably wait a week or two to get in.