JICPT| Microsoft has to conquer key supply around 317

Hello everyone. My bullish setup of Microsoft(274-280) worked well in the middle of the massive sell-off. You can refer to the related ideas below for more details.

So, What's next for the price?

Weekly: It's definitely bull trend. I used the ema instead my duo MA system layout. Key structures got respected well.

Daily: There are something I want to cover here.

1. Volume spread analysis(VSA): the low volume combined with 2 tried rules indicate the likelihood of buyers to push the price to new highs.

2. Anchored vwap: I chose two place as the start point where both met around $317. On top of that, 318-323 happens to be the nearest control high & solid rally-base-drop supply zone. What's more, it's also the flip zone. We gotta be open our eyes on this area and how price react to it.

3. ABCD pattern: the wick that went beyond the second redline suggested the overaction created by sellers amid the massive sell-off.

I'm still very bullish on Microsoft. I'm confident that trouble zone won't hold it back. If so, it'll just create another buying opportunities for investors.

What do you think? Give me a like if you're with me.