Good afternoon fellow investors, again we are taking a look at Microsoft. MSFT
The last CFD entry didn't work out like i expected, because of this decided to place a buy and hold order. It seems like we formed two solid 1-2 structures and just now we touched the 0.618 retracement.
The RSI also shows no sign of a oversold/overbought situation which i judge as "neutral". Microsoft has massive potential and prices of 250$ or even 300$ aren't unrealistic. I don't want to miss out on this train and decided to go long immediately.
Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss.
Current setup:
Entry: 210.99$ Profit target: 250$ and more ! Stop-Loss: None - Buy and hold
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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.