Get started
calkicker30

$MSFT rising wedge breakdown / short play

Short
Microsoft Corp. (NASDAQ:MSFT)  
calkicker30 Updated   
NASDAQ:MSFT   Microsoft Corp.
Trend Analysis Harmonic Patterns Chart Patterns
2
0
trendanalysis harmonicpatterns chartpattern
Nice rising wedge setting up on $MSFT, also combined with a 3 day bollinger band m top. Looking to buy puts at the 115.15 level at the top of the wedge, with my stop at 116.
Comment:
Price target of wedge is 108.Can wait for confirmation of break of wedge at the 113.50 level to enter as well.
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.