30+ years of trendline support show a buy point around 185-195 for MSFT (assuming the long-term trend holds). This is ~15-20% below where we are at today.
185 corresponds to the pre-COVID high, though we could go lower and still stay with the 30+ year trend (though I tend to like the probabilities around where 2 key levels meet).
If that long-term trendline breaks, the thesis is flipped. Consider a stop loss around 175-180.
185 corresponds to the pre-COVID high, though we could go lower and still stay with the 30+ year trend (though I tend to like the probabilities around where 2 key levels meet).
If that long-term trendline breaks, the thesis is flipped. Consider a stop loss around 175-180.
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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.