MSFT is approaching confluence of indicators that could act as a big support levels
1. Trend line from 2019 lows
2. 200 Weekly Moving Average
3. 50 Monthly EMA
4. 0.5 Fibonacci from 2019 lows
5. Volume POC from 2019 lows
I would look for reaction on those levels and buy in the boxed green zone between 200$ and 220$.
Microsoft has MOAT and I believe, is one of the great picks for a long-term investments.
1. Trend line from 2019 lows
2. 200 Weekly Moving Average
3. 50 Monthly EMA
4. 0.5 Fibonacci from 2019 lows
5. Volume POC from 2019 lows
I would look for reaction on those levels and buy in the boxed green zone between 200$ and 220$.
Microsoft has MOAT and I believe, is one of the great picks for a long-term investments.