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.
@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
@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.
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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