At the close of April 30, 2024, with an ugly price action, 
MSFT started to enter an area between 30-week MA (orange) and 52-week MA (purple) as shown in its weekly chart below
Which is equivalent to an area between 150-day MA (orange) and 200-day MA (purple) on its daily chart.
This area was also a consolidation zone between Nov 13, 2023 and Jan 8, 2024.
Let's watch closely if this area can again be a support are for this stock during this overall market correction.
MSFT started to enter an area between 30-week MA (orange) and 52-week MA (purple) as shown in its weekly chart belowWhich is equivalent to an area between 150-day MA (orange) and 200-day MA (purple) on its daily chart.
This area was also a consolidation zone between Nov 13, 2023 and Jan 8, 2024.
Let's watch closely if this area can again be a support are for this stock during this overall market correction.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.