MSFT - daily chart analysis 💛
🎯$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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