MattArmstrong

MICROSOFT - Short Idea

看空
MattArmstrong 已更新   
NASDAQ:MSFT   微軟公司
Wow. I just pulled up this chart from a news mention...what an impressive run up indeed. Bravo MSFT. I am seeing a few reasons this parabolic climb may struggle to continue.
1. Parabolic
2. MACD Divergence present on the monthly chart
3. High Wave candle and other reversal patterns present.
4. RSI overbought.

I see you can short this in various Inverse ETF's I may look at those this week?
1% Risk, 2:1RR - Happy Trading!
評論:
There is now a 3 candle pattern present, it's a technical short. I would say this is an "Evening Doji Star" pattern, I see it as confirmation. Let's see.
評論:
lofty,
評論:
I did try to short a tech ETF to get this short...I was washed out (a few weeks ago) of my trade, risk controlled and have continued to watch this fly. Keep on keeping on I guess.
交易結束:達到停損點

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。