MICROSOFT - Tech giant on the rise!

Hello, interesting things going on with MICROSOFT the TECH GIANT. In my chart you see MICROSOFT trading above the EMAs 20-55. It is also in an uptrend channel which may brake out in future with some more bullish movement. MICROSOFT already touched three times the upper line of the uptrend channel , it is highly possible that MICROSOFT forms a break-out at the fourth time.

You can see in my chart the possible next move for MICROSOFT with price projection with target at 165 - 168.

This is educational infomration and should not be used to take action in markets!

Thanks for watching!

Commento:

ANALYSIS UPDATE: MSFT continued with strong breakouts in the range and formed a continuation above the boundaries.

MSFT reached all of the projected target zones.