Timothy Sumer

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🚨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 📝 Subscribe to my YouTube Channel for more videos like this ; Link in bio Note: These videos were meant

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