MSFT slight pullback target area Target area 255-275
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Upper res. line broken with force (volume+range). This move was not in support of a short. wipe off short position and re-evaluate. The pullback will occur, but the question is, when?
BTW, when I put arrows on charts, they do not always represent the exact PATH that the price will take to get to the target area. Many of the arrows are just for illustrative purposes to point out where I ultimately see the price heading.