MSFT trade

BATS:MSFT   Microsoft Corp.
Key support at 38.2 retracement at $28 was broken. While I do see further shorter term losses, I do think that MSFT provides a good long opportunity off of support (blue and orange lines) at either the $24 or $25.50 level. If orange support line is broken with a weekly close below, I would exit the long trade and reevaluate.

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