Microsoft has been moving along 50 days EMA. It broke that support yesterday and is currently right back at it. Important for it to reclaim the 50 days EMA and move up along with it.
On hourly charts, it has given a probable fake breakdown reversal alert.
One can plan an entry at the current price ($210), with a stop loss at around $203.
If the Uptrend continues, it can be trailed with 50DEMA.
On hourly charts, it has given a probable fake breakdown reversal alert.
One can plan an entry at the current price ($210), with a stop loss at around $203.
If the Uptrend continues, it can be trailed with 50DEMA.
Pro-Setups is meant for Swing and Positional Trading. It is a combination of scripts on TradingView, and a screener Dashboard on web. Whatever you scan on Dashboard, you can see the same on your charts.
For details, please visit www.pro-setups.com
For details, please visit www.pro-setups.com