Microsoft could go down to 245 or even further!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Hourly Chart: Crossed below the support line continue to decline after a pullback. ( Bearish )
Daily Chart: Island Top pattern. a strong sign of reversal. ( Bearish )
Weekly Chart: Bearish Engulfing after a Doji. ( Bearish )
Monthly Chart: failure to close above its resistance level. (Neutral-Bearish)
Change in Average Dollar Value of Trades: +8% in the first 4 months of 2021 in comparison to the last 4 months of 2020.
Conclusion: Bearish in May is the most probable scenario. (Price is moving toward 244)
Educational Article:
1- Megaphone or Broadening Pattern:investopedia.com/terms/b/broadeningformation.asp
2-Island Top Pattern: investopedia.com/terms/i/islandreversal.asp
3-Bearish Engulfing:
investopedia.com/terms/b/bearishengulfingp.asp
4-Resistance:
investopedia.com/terms/r/resistance.asp
5- Multi-timeframe Analysis:
investopedia.com/articles/trading/07/timeframes.asp
6- Dollar Volume:
investopedia.com/terms/d/dollar-volume-liquidity.asp
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Hourly Chart: Crossed below the support line continue to decline after a pullback. ( Bearish )
Daily Chart: Island Top pattern. a strong sign of reversal. ( Bearish )
Weekly Chart: Bearish Engulfing after a Doji. ( Bearish )
Monthly Chart: failure to close above its resistance level. (Neutral-Bearish)
Change in Average Dollar Value of Trades: +8% in the first 4 months of 2021 in comparison to the last 4 months of 2020.
Conclusion: Bearish in May is the most probable scenario. (Price is moving toward 244)
Educational Article:
1- Megaphone or Broadening Pattern:investopedia.com/terms/b/broadeningformation.asp
2-Island Top Pattern: investopedia.com/terms/i/islandreversal.asp
3-Bearish Engulfing:
investopedia.com/terms/b/bearishengulfingp.asp
4-Resistance:
investopedia.com/terms/r/resistance.asp
5- Multi-timeframe Analysis:
investopedia.com/articles/trading/07/timeframes.asp
6- Dollar Volume:
investopedia.com/terms/d/dollar-volume-liquidity.asp
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.