MICROSOFT: April's rally over. $345 eyed.

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MICROSOFT: April's rally over. $345 eyed.Microsoft CorporationBATS:MSFTInvestingScopeMicrosoft turned neutral on its 1D technical outlook (RSI = 55.022, MACD = 7.600, ADX = 29.410) as April's rally seems to have come to a stop. Based on the 1W MACD Bullish Cross, the market may be on a similar state as in early August 2022. That was towards the end of the 2022 bearish wave, the first of the dominant Channel Up pattern. As such, we expect the stock to hit at least the bottom of the pattern (TP = 345) before showing buy signals again. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##