Good afternoon fellow investors, again we are taking a look at Microsoft.
MSFT
The last CFD entry didn't work out like i expected, because of this decided to place a buy and hold order.
It seems like we formed two solid 1-2 structures and just now we touched the 0.618 retracement.
The RSI also shows no sign of a oversold/overbought situation which i judge as "neutral".
Microsoft has massive potential and prices of 250$ or even 300$ aren't unrealistic.
I don't want to miss out on this train and decided to go long immediately.
Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss.
Current setup:
Entry: 210.99$
Profit target: 250$ and more !
Stop-Loss: None - Buy and hold
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
MSFT
The last CFD entry didn't work out like i expected, because of this decided to place a buy and hold order.
It seems like we formed two solid 1-2 structures and just now we touched the 0.618 retracement.
The RSI also shows no sign of a oversold/overbought situation which i judge as "neutral".
Microsoft has massive potential and prices of 250$ or even 300$ aren't unrealistic.
I don't want to miss out on this train and decided to go long immediately.
Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss.
Current setup:
Entry: 210.99$
Profit target: 250$ and more !
Stop-Loss: None - Buy and hold
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade active:
Open as described - this is meant to be a longterm investment
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.