ProfessorBurns

MSFT Bouncing off Resistance

Long
ProfessorBurns Updated   
NASDAQ:MSFT   Microsoft Corp.
$MSFT appears to have support at $206
Resistance at $211 and $216.

TP1 @ $211
TP2 @ $216

This trade contains more risk than usual due to a bearish short term trend and extreme market volatility.
Trade active:
9/25 $215 C (Avg Cost: $6.25)
Trade closed: stop reached:
Bad trade, support broke. (Loss: -33%)
Trade active:
9/25 $215 C (Avg Cost: $3.95)
MSFT appears to be heading up to test the $214. An aggressive trade her but the potential profit could be rewarding.
Trade closed: stop reached:
Loss (-78%)
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