Microsoft (MSFT) ... Sell the Bounce
已更新
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
評論
Update... near $450 target (top of sell zone) ... need momentum to roll over評論
Back to Target 1. A pause here should be instructive.評論
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. 評論
going into earning.... 評論
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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