Microsoft potentiality starting a downtrend?

7. Jan. 2019

Microsoft has been in a range for a few weeks. Then a breakout to the down and a retest of the break.
If it doesn't break the $102 area it can fall back to $94 and if it breaks down that level I believe a downtrend is confirmed.

Also notice the RSI(14) spend a lot of time in the BEAR ZONE.

8. Jan. 2019

Anmerkung

Also a possible 0.38 fib retracement on the weekly chart:

8. Jan. 2019

Anmerkung

Or 50% retrace if you take it from the most recent high:

8. Jan. 2019

Anmerkung

With the above said, those weekly hammers are questionable...

9. Jan. 2019

Anmerkung

After a doji on the daily (indecision), today the price rallied above and seems to have broken through.