#MSFT

▪️ Trade: Buy limit order
▪️ Entry: 499.00
▪️ Take profit: 550.00
▪️ Stop loss: 477.95
▪️ Valid until: Canceled
Market outlook:
We are looking at a long setup on Microsoft stock. The price is undergoing a local correction within a long-term uptrend. It has already tested key support at 511.09 and shown a short-term rebound.
However, the newest major support level on the daily chart is 499.00. Fresh levels like this can act as magnets for price, so we expect the correction to potentially continue toward that area. We plan to buy from 499.00 in line with the broader uptrend.
Microsoft remains one of the leading companies benefiting from growth in artificial intelligence and cloud technology. Our buy limit order is placed at 499.00.
Risk management:
In line with our trading strategy, the stop loss is placed at 477.95, below the weekly support zone at 482.04–487.77, with additional room for a potential false breakdown.
Our entry is based on a daily level, so we are also using the weekly support zone below it to define the trade’s risk. As long as price holds above that zone, the long-term bullish structure remains intact. The additional room gives the position space to withstand a deeper pullback.
Targets:
Our first objective is a return above 511.09, where the stop loss can be moved to breakeven.
We will consider taking partial profits only if a significant volume cluster forms. Otherwise, we plan to hold the position toward key resistance at 550.00, where the take profit is placed. The setup offers good potential and a favorable risk-to-reward ratio.
Order validity:
The order has no expiration date and remains valid until canceled. It may not be filled today, so we will wait for price to reach our entry.
The trade follows the broader trend and meets the rules of our trading strategy. Wishing everyone profitable trading and financial success! 🏆
Trade updates: https://t.me/addlist/1tRFE2bSkE04MWNi