๐ Entry: $437.04 โ Price action shows rejection at a resistance level, confirming bearish momentum. ๐จ
Stop Loss: $441.26 โ Protect against invalidation above this resistance. โ
๐ฏ Targets:
T1: $432.27 โ Immediate support and first profit zone. ๐
T2: $427.54 โ Extended downside target for further profits. ๐ฐ
Key Details:
๐ The breakdown below the ascending trendline confirms weakening bullish momentum.
๐ Price rejection near $437.04 signals a high-probability short trade opportunity with a favorable risk-reward ratio.
๐ Strategy:
๐ป Enter short at $437.04.
๐ SL above $441.26.
โ Take profits at $432.27 (T1) & $427.54 (T2).
Why This Chart is Important:
โ ๏ธ MSFTโs price action highlights a clear bearish breakdown, offering an ideal setup for short trades.
Conclusion:
Rejection at $437.04, combined with downside targets at $432.27 and $427.54, confirms bearish momentum for this setup. ๐๐ฅ
#Trading #MSFT #StockMarket #BearishSetup #RiskReward #StockAnalysis #ProfittoPath
Stop Loss: $441.26 โ Protect against invalidation above this resistance. โ
๐ฏ Targets:
T1: $432.27 โ Immediate support and first profit zone. ๐
T2: $427.54 โ Extended downside target for further profits. ๐ฐ
Key Details:
๐ The breakdown below the ascending trendline confirms weakening bullish momentum.
๐ Price rejection near $437.04 signals a high-probability short trade opportunity with a favorable risk-reward ratio.
๐ Strategy:
๐ป Enter short at $437.04.
๐ SL above $441.26.
โ Take profits at $432.27 (T1) & $427.54 (T2).
Why This Chart is Important:
โ ๏ธ MSFTโs price action highlights a clear bearish breakdown, offering an ideal setup for short trades.
Conclusion:
Rejection at $437.04, combined with downside targets at $432.27 and $427.54, confirms bearish momentum for this setup. ๐๐ฅ
#Trading #MSFT #StockMarket #BearishSetup #RiskReward #StockAnalysis #ProfittoPath
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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.