🚨Microsoft is still down 30% from its highs and giving a great buy entry point.
Confirmations: ⬇️
– Financials Strong ✅
– 1 Month RSI Oversold Reversing ✅
– 1 Week Double Bottom ✅
– 1 Week 61.8% fib level support ✅
So far Microsoft created a double bottom reversal pattern. For this patternto be confirmed we need price to break and close above the weekly diagonal resistance ( Priced at $260-65) on the Microsoft Weekly Chart.
So far we are lined up for a market reversal based on technical analysis however keep in mind to get a full shift back to the bulls; we need a weekly trend change ( break above and close $265 with continuation) .
📝Dollar Cost averaging allows investors to minimize downside risk when buying stocks 💎
Rule🔑: Never buy all at once; always buy in portions to even out cost basis 📝
Watch this video to get a detailed Analysis on Microsoft stock 📝
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Note: These videos were meant to help educate beginner Traders & Investors by giving them a firm understanding of the Fundamentals about the stock market & how they can use this vehicle to build wealth during the recession.
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Disclaimer: This is not Financial Advice; this is education based on my several years of experience in the money markets 💯
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Microsoft Stock: A Strong Buy Rating in the Current Market
Microsoft stock has been a strong buy for investors since the company’s IPO in 1986. Recently, the stock has been enjoying a surge in its stock price due to the company’s strong performance and its continued growth in the technology sector. With the current market volatility due to the recession and inflation, Microsoft stock is still a strong buy for investors looking for a safe and reliable investment.
Microsoft has been one of the most successful companies in the technology sector for decades, and its stock has consistently outperformed the market. The company’s strong performance and continued growth have helped the stock to remain a strong buy. In the past year alone, Microsoft’s stock has gained over 25%. This is a significant increase in the stock price and is a testament to the company’s success.
The company’s strong performance and continued growth have also helped to make Microsoft stock a safe and reliable investment. With the current market volatility due to the recession and inflation, Microsoft stock is still a strong buy for investors looking for a safe and reliable investment. The company’s strong balance sheet and cash flow make it a great choice for investors who want to protect their capital.
Microsoft has also been a leader in the cryptocurrency and blockchain space. The company has invested heavily in the space and is a major player in the industry. Microsoft’s involvement in the space has helped to increase the stock’s value as investors see the potential for the company to grow even further in the future.
Overall, Microsoft stock is a strong buy for investors looking for a safe and reliable investment in the current market. The company’s strong performance and continued growth make it a great choice for those looking to protect their capital. Microsoft’s involvement in the cryptocurrency and blockchain space also make it an attractive choice for investors looking to capitalize on the potential of the industry.
Brother, you're a genius, are you Jamaican, can you help me with learning to reading chart, I'm Jamaican, and you're the only Jamaican I ever see in stock, help me bro, because I'm not winning and I'm trying to get financial independence, I need to learn technical analysis, thank you.