Microsoft Desc. Triangle ready to pop to $239.96

2023年2月17日

Descending Triangle is forming on Microsoft.
Can we talk about the gaps and liquidity issues? Is it because of the broker TradingView is showing for the company?
It's shocking and one I avoid trading by all means.
Anyway, the bearish signs are there
21>7>200
RSI<50
Bearish bias
Target $239.96

ABOUT
Microsoft is a multinational technology company based in Redmond, Washington that was founded in 1975 by Bill Gates and Paul Allen.

The company's most famous product is the Microsoft Windows operating system, which is used by over a billion people worldwide.

Microsoft also develops and produces a wide range of other software products, including the Microsoft Office suite, the Edge web browser, and the Xbox gaming console.

It's value is over $2 trillion in market cap

And of course the company is a major player in the field of artificial intelligence (AI) and is working on a number of innovative projects, including chatbots, speech recognition, and machine learning.