Microsoft -> All Timeframes Are Bullish

7 בפבר׳ 2023

Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .

Microsoft is looking extremely juicy right now. From a weekly perspective we just created a long term double bottom and we also broke above a long term downtrend line.
There is definitely the possibility that after a short term pullback, we will start the next bullrun from here, creating new all-time-highs in the process.

From a daily perspective I am just waiting for a short term retest of the weekly neckline of the double bottom and then there is a very high chance that we will also see the daily continuation to the upside from here.

Thank you for watching and I will see you tomorrow!

You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/MSFT/N93BGVF1-Microsoft-Very-Bullish-Inverted-Head-And-Shoulders/