NASDAQ:MSFT Analysis, Key Levels & Targets
I like MSFT… It’s just that I’m a bear at these levels…
I opened a put position… Aug 18th 300…. @ 17.53
And I’m looking for about 260-265 to take profit….
I have short put orders out also to hedge up on the dips….
So let’s see what happens… August 18th is 114 days out… and I’ll roll out and up if I have to….
I...
Description
NKE has now rejected the 175 level for the third time, now I am tracking this Descending Triangle consolidation pattern.
This could be a Double-Top pattern in the making, although the Double-Top is notoriously difficult to track, and nearly never confirmed until long after is has finished it's formation.
Evidence indicative of the usual Double Top:
...
