tradearcher

Snaking. Neutral to bearish.

NASDAQ:MSFT   Microsoft Corp.
Post earnings, nice boost back to upper range. Recent action sideways action between price pivot and 49.00.

MACD is still bearish but if smart money keeps adding to it, it could easily retest 49. By that time MACD will be pullish with a potential break out.

Start small, pick up on a LOD if possible.
Do your checks and research
Follow your system
Obey your rules

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