MSFT's earnings announcement is on Wednesday, July 22 AMC.
Based on an analysis of the previous earnings move, the expected move for the upcoming earnings (from MarketChameleon), and by considering some major support points on the daily chart, my expected move for the upcoming earnings is between $190.91 and $214.85.
For earnings plays, I like to play Iron...
The pair is now breaking an hourly uptrend and is trading below the support level of 139.36 and going down towards 139.14 then 138.78 then 138.40
I entered short at 139.35 SL: 140.85
