MSFT // double bottom formation
Although there is a double bottom formation on the chart, as long as we are above the 22 exponential average and 50 exponential average, the direction is upward. Watch out for profit sales that may come from the 466.25 level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.