William-trading

MSFT - Dead cat bounce scenario

Short
NASDAQ:MSFT   Microsoft Corp.
Would not long this counter. Although there's a hammer, the volume spike is not exceptionally huge. ROC is down, DMI is down and OBV is down. As such, would consider the next rally a shorting opportunity. real support is at 224.05
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.