Microsoft Does it Again: Heads Down for the 2nd Straight Day

The Daily View for Microsoft

  • Currently, MSFT’s price is up $0.41 (0.16%) from the day prior.
  • This is the 2nd day in a row Microsoft has seen its price head up.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Microsoft’s hourly price chart is shown below.

MSFT

The Daily View for Microsoft

  • At the time of this writing, MSFT’s price is down $-0.48 (-0.19%) from the day prior.
  • This is the 2nd day in a row Microsoft has seen its price head down.
  • Regarding the trend, note that the strongest trend exists on the 50 day timeframe.
  • Price action traders may also wish to note that we see a pin bar candlestick pattern on Microsoft. Given that we see an uptrend on the 20 and 10 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of Microsoft.

MSFT

Featured Microsoft Idea From TradingView

Below is a trading comment entitled MICROSOFT CORP you may find interesting:

MicroSoft will collapse during the next hours to258.00And if the downtrend is broken, it will continue to collapse until it reaches256.00255.00In order to send financial support:This is my bank account:Mr.Soufiane Griai2111121178430001Here’s Neteller account:Mr.Soufiane GriaiCustomer ID: 451125654539

SOUFIANE_GR1