On May 20, 2024, after moving above MA-50 and holding for 2 days, 
MSFT looks ready to breakout above the yellow trendline as shown on the chart, which would provide a buy point.
MSFT looks ready to breakout above the yellow trendline as shown on the chart, which would provide a buy point.Trade active
The stock closed at the new high for last 2-3 days, though not that strong enough. Nevertheless, the long position was triggered as the stock moved above the trendline and we are still holding now.Trade active
As of June 12, MSFT closed at the new high with higher-than-average volume and close at the high of the session, which is a positive sign to continue holding the position. A little pull back to the previous resistance would provide a good new entry point.Note
I closed half of the position here as it started to go down a trailing stop, which I put at the MA-21Note
On July 19, as the stock pre-market returned back to the previous base @430 I think it is a good buy point to add.Trade closed manually
After a crash beginning of August, the market bounce so far was spectacular with the main indices moved back to near its all time high. MSFT bounce was weaker and today it closed below its MA-150. We decided to close the trade here.
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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.
Related publications
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.