The Microsoft Corp (NASDAQ:MSFT) Daily Diagram Technical Analysis shows the following:
The (MSFT) share follows the support of the long term trend line (green) on this uptrend. The last five days the share made a reversal movement after the Motning Star (Doji). All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as the monthly too (overbought).
So the first think in mind is forcing the Tenkan & Kijun Sens breaching. MACD is weakening its bearishness now and RSI too. The volume is more than the usual.
There was a morning start last week.
There is no special pattern.
Long today for a positive uptrend. Stop Loss under Support line.
The (MSFT) share follows the support of the long term trend line (green) on this uptrend. The last five days the share made a reversal movement after the Motning Star (Doji). All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as the monthly too (overbought).
So the first think in mind is forcing the Tenkan & Kijun Sens breaching. MACD is weakening its bearishness now and RSI too. The volume is more than the usual.
There was a morning start last week.
There is no special pattern.
Long today for a positive uptrend. Stop Loss under Support line.
