Microsoft Corp.

WAIT for a retracement before BUY or piercing Resistance

240
I would wait for a sensible retracement before buying.
The stock si trading too much near the resistance line.
I would wait for a low in order to proceed buying reliably.
Otherwise we can see if it pierces the resistance line --> therefore buy

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.