MICROSOFT remains bullish as long as the MA50 (1d) holdsMicrosoft is having a technical pull back inside the Channel Up that started at the beginning of the year.
It is testing the first Support level, the Rising Support line inside the Channel, with the second level being the MA50 (1d).
As long as it holds, the trend remains bullish.
Trading Plan:
1. Buy above the MA50 (1d).
2. Sell if a (1d) candle closes under the MA50.
Targets:
1. 360.00.
2. 305.00 (expected contact with the MA100 1d).