Trading ideas for Microsoft Corp. (NASD) 24.11.2020
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending pattern of the H1 level is truncated. A bullish divergence has formed on Awesome Oscillator, while Stochastic Oscillator r signals oversold conditions. The price pivot zone of 208.09 holds back sellers.
#MSFT rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed, where wave A breaks through the inclined channel of a descending truncated pattern.
Stop Loss: 208.09.
Target levels: 219.00; 225.00.
