Gap down below a rising wedge here.
Has been distributing since late June. Early in the week I'm looking for a retest of 334-336 max.
After that retest I think we will begin the correction down to the 200sma or 290.
1st target is 323
2nd target 308
Final target 290
The Bearish divergence on the daily RSI will go oversold before msft bounces
Has been distributing since late June. Early in the week I'm looking for a retest of 334-336 max.
After that retest I think we will begin the correction down to the 200sma or 290.
1st target is 323
2nd target 308
Final target 290
The Bearish divergence on the daily RSI will go oversold before msft bounces