$MSFT Microsoft, Weekly Chart Nov 2019
Here we have $MSFT Microsoft, Weekly Chart.
The company has been founding new ways to generate more income to the firm lately which has led to ATHs on the stock’s price. Microsoft has been growing around 40% each year for the past 4 years. Microsoft’s position on the market is significant compared to others, while for example Apple is not the greatest invest any more in my opinion.
What is backing up my theory of Microsoft’s bullish trend?
• -RSI9 at 70, kind of overbought but usually this is normal on trends.
• -Ichimoku clouds’ uptrend (+ blue line is still the support in this picture)
I was going to give you some examples so you could have short some stocks but then I noticed your message about uptrend and good timing.
😊 This is most certainly a good investment even judging with fundamental analysis.
Remember to read the Technical Analysis of $TWTR Twitter