This is a follow up on a chart I made February 1st. This graph ends February 10th.
The 1st of February was an exciting day NASDAQ had a breakthrough. Another interesting sign is the moving average EMA 200 (blue) that indicated the sun soon could rise over the NSDAQ index soon
This was a good sign so I kinda expected the FAANG stocks to follow the same pattern. Including Microsoft.
So I ran the MS chart through the calculator and came up with this.
Here I run a moving avg. EMA10 and 20 (yellow and blue). Yellow on top of blue which is a buy indicator.
That looked so promising so I took the chance expanded my portfolio with a good bunch of MSFT stocks (and META – bot they are in my opinion a little more risky).