#036 | US Stocks

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Microsoft Corporation

Microsoft has been sloping upwards in the marked channel.

We can see that the lower end of the channel has been acting as support and the upper end is acting as resistance.

One can expect a solid upmove as indicated with the arrow.

This is also supported by Volume Shelf that adds a bullish bias for us for the stock.


Kellogg Company

In the daily chart we can see that Kellogg Company is now coming out of the descending trendline pattern.

It is adding to our bullish bias with a strong confirmation candle above the descending trendline.

It is now poised to go for an upmove.

This is supported by Volume Shelf and gives us a bullish bias for the stock.

(Volume Shelf is an exclusive feature available only on Trendspider.)


Have you checked out our Indian Stocks Newsletter?

Click here to check out this week’s edition.