Microsoft (MSFT) - Looking Promising here on break of Rectangle

Yields are starting to slide and this should be bullish for stocks overall.

MSFT has been doing fantastically well this year and I am expecting all time highs in the next week. Convincing break of 350 (bullish close on the daily) should set it free towards 400.

10 week EMA is now above 20 EMA. MSFT has momentum behind it.

390 remains the initial target.

Comment:

If we close the week above 351, we are set for higher prices here.
All time highs should plenty of buyers.

Trade active:

Initial target reached. Taking half of the chips off.