🚨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
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)