BH42

Microsoft breakout

Long
NASDAQ:MSFT   Microsoft Corp.
Microsoft breaking out of ascending triangle on 1D time frame. Confirmation of support complete and now pushing to a 6-7% gain from breakout, potentially to all time high.

Comments

Good call Granter. We exited our position just below your call of 187 in the end before the nasdaq fell two nights ago. Good call.
+1 Reply
@BH42, Happy to hear your trade worked out. 187 rejected nicely.

Still have not lost the support. So expecting it come back up and test 182 at least. Possible chanse for 190 push, but i'm very skeptic. its still just a big short zone.
I expect microsoft to trend down towards 150 in the coming months
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@BH42 - not this one either :( ?
Reply
BH42 virtualtechie11
@virtualtechie11, Yes this one was a good trade and worked out well. We exited position on the 11th May at $187.05, around 8% profit taken on this one. The game is up for FANG+ now.
Reply
@BH42, i think so as well, over bough territory
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187
Reply
BH42 Granter
@Granter, I have a 188-189 target for exit but yes in the region you mention. Thanks, have a nice day :)
+1 Reply
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