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MSFT to 250-253 then more downside
I am expecting price to reach $250-$253 range in the next few days and then head lower with initial short term target of $225, but then only lower after that.
Ideal end of this rally target is $252.70 by Wednesday (could be reached in the pre or post market hours of trading). Negative divergence with PPO on hourly chart could occur as well.
Of stock keeps climbing above $253, that would be concerning to validity of this downside set up.
Ideal end of this rally target is $252.70 by Wednesday (could be reached in the pre or post market hours of trading). Negative divergence with PPO on hourly chart could occur as well.
Of stock keeps climbing above $253, that would be concerning to validity of this downside set up.
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