vf_investment

MSFT possible pullback

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NASDAQ:MSFT   微軟公司
Here is a possible pullback considering possible prices of resistance including the lowest price of an old candle, the 50% of the fibonacci retracement (where retracements are more likely to happen). The price already hit the zone but it is common for the price to come back up before the day end. Furthermore, the 50% fibonacci retracement also happens with the weekly timeframe. The risk/reward ratio do not consider the current trend, therefore it is better to maybe take out the TP to see how far the price might go down.

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