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SupremeRe
Jan 13, 2022 9:05 PM

Bear Flag $MSFT Short

Microsoft CorporationNASDAQ

Description

Today MSFT finished down over 4% on the session making a lower low and making a Bear flag while breaking out to the downside. Short options are all in play with an elevated IVR of 90.
Comments
kylipsi93
bact to 330 next week?
UnknownUnicorn7245819
@kylipsi93, It is making lower low and lower high right now. If it doesn't hold 300, it will probably go to 280-285.
SupremeRe
@starsora04, I'm banking on it making it down to $285. Within the next 2-3months
UnknownUnicorn32969573
@SupremeRe, u think we can bounce off the 200 ema at 293 next week before earnings ?
SupremeRe
@lavontakeyamon, It's possible to have some bulls waiting there but honestly if you look left there's a gap right around $298 and that's where I see a little support. I don't think the market is going to go straight down. Unless there's a catalyst to make it.
UnknownUnicorn32969573
@SupremeRe, i see a huge sell off coming to the market next week
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