Microsoft ready for the fight
Microsoft is in a very strong bull long term trend.
Now, we have an opportunity to buy it if the price arrives at 196 or 197 with a very tight Stop loss in 193,5$ and Take profits in the near resistance of 215$. I prefer to take profits a bit earlier, maybe 214$ is a great level to sell.
With this trade I can win 6 times more than what I risk. If the price falls below 193,5$ we will see a major downturn, so it's better to be out of the market.
Now, we have an opportunity to buy it if the price arrives at 196 or 197 with a very tight Stop loss in 193,5$ and Take profits in the near resistance of 215$. I prefer to take profits a bit earlier, maybe 214$ is a great level to sell.
With this trade I can win 6 times more than what I risk. If the price falls below 193,5$ we will see a major downturn, so it's better to be out of the market.
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