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Cosmic_Trader_

Long Microsoft $MSFT

Long
Microsoft Corp. (BATS:MSFT)  
Cosmic_Trader_ Updated   
BATS:MSFT   Microsoft Corp.
Chart Patterns Trend Analysis
2
0
chartpattern trendanalysis
Entered a long position on MSFT Microsoft Corp today
Timeframe: 4H
Target: ~$395
SL: ~ $367
Reason: trend continuation pattern on 4H. Trend on daily chart is bullish and strong
MSFT
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#investing
Comment:
MSFT Microsoft Corp reached the initial target. Moving stop loss to 2 times the initial risk and let it roll.
Trade closed: stop reached:
Closed my position in Microsoft $MSFT. Despite reporting very good earnings, the stock sold off today and price dipped below my stop.

PnL: ~7.26% :: ~220% annualised :: 2.62 Risk-to-Reward Ratio (3.11 in dollar terms and without commissions)
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