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calkicker30
Sep 25, 2018 2:56 AM

$MSFT rising wedge breakdown / short play Short

Microsoft CorporationNASDAQ

Description

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.
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