Stocks
Active
MSFT
Short
MSFT Downside Setup
Rationale
TradingView idea: Microsoft: strong fundamentals vs. resistance at all-time high for NASDAQ:MSFT by sabiotrade
TradingView symbol: MSFT
Microsoft has pulled back from its all-time high at 559.15, inside the 555–570 resistance zone at the top of a two-year range. A bearish pin bar has formed at that zone, which shows sellers stepping in.
Bearish scenario: While price holds below 570, the first downside target is 468, followed by the 340–370 range floor.
Invalidation: A weekly close above 570 would cancel the bearish setup and point to a breakout from the range.
Fundamentals: Revenue rose 19% to $92.3B and beat expectations. …
Key details
Disclaimer
The information published on this website and in the Invest Ideas bot is provided for informational purposes only and does not constitute individual investment advice, an offer, or a solicitation to buy or sell any financial instrument. Users make all financial and investment decisions at their own discretion and under their own responsibility. The administration and owners of the website and bot are not responsible for user-generated materials or for any losses arising from the use of the published information.