Microsoft Corp.Short
$MSFT bearish momentum
MSFT support just flipped to resistance. Multiple rejections at the 618 retracement each day on shorter timeframes. Gave up its bullflag structure on Friday. Sitting at the 9EMA but could easily flush below with rising volume to the downside. Eyeing puts at a retest of 618 retracement 338 or below 335.8, PT 334, 331, 328.
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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.