MSFT Weekly: Soaring & Consolidation Expectations
$Microsoft(MSFT)$ - Weekly:
Written in the previous Weekly Compass:
“This one is joining the above the Bollinger band party, despite the potential reversal. Microsoft soared last week with low volume and an overbought RSI, this one as $Alphabet(GOOG)$ $Alphabet(GOOGL)$ are usually obedient to technical warnings, so a consolidation is also expected…”
The week indeed showed a decline.
For the updated analysis, get access in bio to the latest Weekly Compass.
$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $iShares Russell 2000 ETF(IWM)$ $E-mini Nasdaq 100 - main 2409(NQmain)$
https://x.com/SmartReversals/status/1812647709813416291
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