So we're going into earnings
and a lot of people are saying long MSFT
. I honestly cannot see the appeal in this. Earnings
play maybe but the current chart is very much bearish
and is following history. It was in a downwards trend as you can see with my channel but broke out. I think it will use the top as support if not break through it to cover some gaps.
I'm going to wait for earnings
and if it gaps up then I will short it and if it goes down... still short.