I currently hold a ๐ฌ๐ฆ๐๐ฅ๐ฅ ๐ฅ๐จ๐ง๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ข๐ง $MSFT (Microsoft).
What caught my attention is not the short-term noise, but ๐ญ๐ก๐ ๐ฅ๐จ๐ง๐ -๐ญ๐๐ซ๐ฆ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐.
Microsoft successfully ๐ญ๐๐ฌ๐ญ๐๐ ๐ข๐ญ๐ฌ ๐ซ๐ข๐ฌ๐ข๐ง๐ ๐๐-๐ฆ๐จ๐ง๐ญ๐ก ๐ฆ๐จ๐ฏ๐ข๐ง๐ ๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ง๐ ๐ง๐๐ฏ๐๐ซ ๐๐ฅ๐จ๐ฌ๐๐ ๐๐๐ฅ๐จ๐ฐ ๐ข๐ญ.
๐ ๐๐ฎ๐ฅ๐ฅ๐ข๐ฌ๐ก ๐๐๐ง๐๐ฅ๐ ๐๐ฆ๐๐ซ๐ ๐๐ ๐จ๐๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ, and this month is showing ๐๐จ๐ฅ๐ฅ๐จ๐ฐ-๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก while attempting to reclaim the 21-month moving average.
As long as long-term support holds, I view this as a consolidation within a primary uptrend rather than a change in trend.
Not investment advice. Just sharing how I see the chart.
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Not investment advice. The author may have financial interests in the mentioned instruments.
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