TomDaSpankEngine

MSFT: Pain this week

Short
NASDAQ:MSFT   Microsoft Corp.
MSFT is finishing up a W-3. It may open slightly higher tomorrow morning and reach the 1.618 fibonacci extension, but the sell-off will definitely start tomorrow. I will be selling covered calls against my shares to protect against downside. Also, bearish divergences evident in MACD and RSI.
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