Microsoft Corp.Updated Microsoft (MSFT) ... Sell the Bounce
On July 5th, MSFT completed a Wolfe Wave pattern and fell ~8% within a week to reach our Target 1, an obvious support area.
One should expect a bounce and a 50% retracement to around the $450 area.
This may, subject to broader market conditions, setup another selling opportunity to reach our targets.
Not investment advice... do your own due diligence
Note this is a 1H timeframe !
S
One should expect a bounce and a 50% retracement to around the $450 area.
This may, subject to broader market conditions, setup another selling opportunity to reach our targets.
Not investment advice... do your own due diligence
Note this is a 1H timeframe !
S
Note
Update... near $450 target (top of sell zone) ... need momentum to roll overNote
Back to Target 1. A pause here should be instructive.Note
Update… quite oversold here.. working remotely so can’t follow tone of market..I’d cover 1/2 of position looking to reestablish full one on a good bounce. Note
going into earning.... Note
Hit our target 3 area in after hours trading...Probably back to the $430-$434 area. No position
Will evaluate then.
Hit our target 3 area in after hour trading...
Probably back to the 430-434 area. no position
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.