Chop for the last month here. Either consolidation or distribution
Bigger picture here is the ascending broadening wedge inside white trendline.. this is a bearish pattern... if msft breaks below and closes below 366 than the correction has started to 300 with a pit stop to 330 first..
Inside the major pictues is a smaller pennat that msft has been trading inside..
366-376 is the pennants range. Over 377 and 400 comes. Below 366 and 330 incoming
Bigger picture here is the ascending broadening wedge inside white trendline.. this is a bearish pattern... if msft breaks below and closes below 366 than the correction has started to 300 with a pit stop to 330 first..
Inside the major pictues is a smaller pennat that msft has been trading inside..
366-376 is the pennants range. Over 377 and 400 comes. Below 366 and 330 incoming