TradersForecast

MSFT bearish pitchfork and RSI analysis

Short
NASDAQ:MSFT   Microsoft Corp.
MSFT reached a high pitchfork line and the RSI and the price are diverging which is a bearish setup.
Trade closed: target reached:
the first step of the divergence played out over the 1st weekly bar, MSFT fell 2.14%. A safe exit would be here but a more aggressive approach would wait till MSFT would fall further, maybe till RSI's gets below the middle (50) line.

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