Microsoft - Monthly Bullish Breakout

28 בדצמ׳ 2023

Hello Traders, welcome to today's analysis of Microsoft.

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Explanation of my chart analysis:

Since August of 2019 Microsoft stock has been creating a bullish triangle continuation pattern. Recently we saw a breakout above the strong $350 resistance level after which I do expect a retest of the previous structure level and then more bullish continuation towards the upside.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.