MSFT ~ Snapshot TA (Daily / Nov 2023)

12 Nov 2023

MSFT chart mapping/analysis.

Bullish price momentum within an ascending parallel channel (green).

Bull target(s)

• Breakout above ascending trend-line resistance (white dotted)
  
• Upper range of ascending parallel channel (green)
  
• Upper range of ascending parallel channel (light blue)
  
• 23.6% Fib + ascending parallel channel(s) confluence resistance zone
  

Bear target(s)

• Underlying gap fills (~357.54 / ~339)
  
• Ascending trend-line support (white dotted)
  
• 38.2% Fib
  
• Lower range of ascending parallel channel (green)
  
• 38.2% Fib + parallel channel (green) confluence support zone
  
• 50% Fib
  
• Gap fill (~280.39) + Golden Pocket Fib confluence support zone
  
• Lower range of ascending parallel channel (light blue)
  

12 Nov 2023

Catatan

Note: TradingView chart was dividend adjusted (ADJ) when mapped.

16 Nov 2023

Catatan

MSFT fighting trend-line resistance. Candle wicks indicate bulls are trying to hold the line.

Choppy battleground until one side "engulfs" the other & claims momentum, TBC.