Hello everyone. Microsoft has been down by almost 20% from the historic high of 349ish created on late Nov. of last year.
I got two reasons for the bullish setup:
1. Mid-term MA has been respected well since June of 2016.
2. Structure on weekly is aligned with daily. Though, the second layer around 227-2336 is more solid with another 16%-20% down from the current level.
Trigger:
1. The earning report is due soon. We'd better wait. If the result is better than estimation. That's my confirmation one.
2. I need to see price action to the zone. To be more specific, I need small candles and reversal pattern formation. That's my confirmation two.
Frankly speaking, I'm not afraid of holding stocks like Microsoft. The pullback really gives us an opportunity.
What do you think? Give me a like if you're with me.
I got two reasons for the bullish setup:
1. Mid-term MA has been respected well since June of 2016.
2. Structure on weekly is aligned with daily. Though, the second layer around 227-2336 is more solid with another 16%-20% down from the current level.
Trigger:
1. The earning report is due soon. We'd better wait. If the result is better than estimation. That's my confirmation one.
2. I need to see price action to the zone. To be more specific, I need small candles and reversal pattern formation. That's my confirmation two.
Frankly speaking, I'm not afraid of holding stocks like Microsoft. The pullback really gives us an opportunity.
What do you think? Give me a like if you're with me.
plan your trade and trade your plan
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plan your trade and trade your plan
相關出版品
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。