stevenplace

Developing Top in MSFT

BATS:MSFT   Microsoft Corp.
Clear pivot zone at 412, it's found sellers multiple times, and the attempted pierces above it have been aggressively sold off

The stock held above it for about a day, then a nasty gap lower to retest VWAP

The longer the stock stays under this, the more volume that's built out and the higher the odds we see a strong rollover

put calendars weapon of choice

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.