Weekly chart shows that $31.50 has been a resistance a few times over the last 5 years and MSFT has now broken through.
Daily chart shows a strong up trend.
Outcome:
5 Mar: Opened LONG at $32.00
9 Apr: Closed at $31.05
Reason for closing: Price broke the up trend line, 20d SMA and fell below the $31.50 S/R level.
Loss $0.95, 3.0%
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