MSFT - daily chart analysis 💛

Banana3Stocks
12-17 13:43

$Microsoft(MSFT)$  

🎯$505 👀

I’m targeting the 100SMA 😘

In physics you often need an “equal and opposite reaction”

So… double top, meet double bottom 😉

RSI has reached an extreme low where previous big bounces have occurred

The general structure has had a break above the Banana325SMA and now a retest back of that original breakout as price is consolidating firmly above the B325

MACD is trending up and I expect a clear bullish crossover soon that leads the signal line back above the zero line soon as well

Not financial advice!

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