MSFT possible reversal

2020年7月18日

Bearish candlestick pattern printed on the weekly chart. Pay attention to the wicks; the newest candle tried to retest the high and reversed before it could get back up there.



Here we have the daily chart showing MSFT breaking trend, as well as a bearish reversal pattern confirmed with a mini bear flag.

Current target is $192-$195, but i'll be watching price action closely around $198 level.
Planning to cut losses if we gap up this coming Monday, or if we open flat/green and we're not down trending within the first hour of trading.