jonwayne02

$MSFT

Long
jonwayne02 Updated   
NASDAQ:MSFT   Microsoft Corp.
Projecting a path for $MSFT... a retrace to a 0.382 fib level (the 0.382 seems to repeat frequently) and a gap fill down gets me to an entry point on top of a nice vol shelf. A bounce off these levels starts to form a possible bull wedge.

MSFT
Comment:
tracking...
Comment:
tracking...but still hasn't found it's way to the bottom of that zone to fill the gap or test that support line.
Comment:
gap in price (purple box) gets filled...
Comment:
tough breakdown on $MSFT - $260's looks inevitable.
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.