Microsoft stocks poised to take off in the wake of US indices
American indices have been in an uptrend for the past few days. Rapid growth in prices for indices is hindered by resistance levels before a new historical maximum. Microsoft shares began to rise rapidly in price and were able to break through the nearest resistance. The bulls are ready to push the price even higher as soon as trading on the stock market opens. We plan to earn 300 pips in this trade and place a Take Profit order below the historical high. in this case, the probability of fixing profits will be maximal.
Order Type: Pending Order - Buy Stop
Entry Price at 343.00
Take Profit at 346.00
Pips Earning: 300
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1255
USDJPY buy at the price of 114.00
GBPUSD sell at the price of 1.3215
USDCHF buy at the price of 0.9260
Trading recommendation for stock market shares
The profit can be $300.00 if the trading volume of 100 Shares.