starexplorer

Short Microsoft

Short
starexplorer Updated   
NASDAQ:MSFT   Microsoft Corp.
Weekly bearish candle
Weekly bear flag
Daily top at the top of the Ichimoku cloud

TP: Below bear flag

Careful at 20 day SMA + High volume on the daily
Trade closed: target reached:
At beginning of year support trendline.
Trade active:
Broke beginning of year support trendline
If this isn't a fakeout, bear market is back in full swing

US10Y broke October 2022 high
Comment:
TP below 311 previous low of the month
Trade closed: target reached:
Potentially weekly reversal

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.