Microsoft Corporation Stock Code MSFT.NAS
Price broke above the cloud five trading days ago and has managed to stay above the cloud, since that breakout as it was supported by the upper edge of the cloud. Price also created an Ichimoku V-shaped reversal hinting at a bullish price trend. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud at the moment. MACD is bullish and hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous high at $343.89.
$343.85 Price Target
$296.30 Risk Management Stop
3 weeks Trade Duration