MSFT Daily
MSFT, strong company with competitive advantage. On top on the shopping list, but for now it still looks bearish. Here are some zones to look at and key notes.
- Rejected 200dayMA.
- Can't go over neutral on the RSI.
- Moving averages curling down, downtrend momentum.
- Bearish market sentiment.
+ 50weeklyMA at 289, historically a good moving average to start looking for a buy.
+ Down 20% from high, good companies bounce faster and harder.
- Rejected 200dayMA.
- Can't go over neutral on the RSI.
- Moving averages curling down, downtrend momentum.
- Bearish market sentiment.
+ 50weeklyMA at 289, historically a good moving average to start looking for a buy.
+ Down 20% from high, good companies bounce faster and harder.
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