Multi-Timeframe analysis: Microsoft (May 2021)
Multi-Timeframe Analysis:
Hourly Chart: Ranged below the resistance level (Neutral- Bearish)
Daily Chart: At the support line since Jan 15th, 2021 (Neutral)
Weekly Chart: after 4 negative weeks in a row, slightly positive(1.85)
Daily average trading value (YTD): Trading 33% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 24% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 14% below last trading year average. (money outflow) ( Bearish )
Conclusion: Wait for reaction to support line. The decreased trading value is seen in all levels (D/W/M) is a concerning pattern!
Hourly Chart: Ranged below the resistance level (Neutral- Bearish)
Daily Chart: At the support line since Jan 15th, 2021 (Neutral)
Weekly Chart: after 4 negative weeks in a row, slightly positive(1.85)
Daily average trading value (YTD): Trading 33% below YTD (money outflow) ( Bearish )
Weekly average trading value: Trading 24% below last trading year average. (money outflow) ( Bearish )
Monthly average trading value: Trading 14% below last trading year average. (money outflow) ( Bearish )
Conclusion: Wait for reaction to support line. The decreased trading value is seen in all levels (D/W/M) is a concerning pattern!
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Pernyataan Penyangkalan
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Pernyataan Penyangkalan
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.