porden

Microsoft is close to a restence, I think a short is a good idea

Short
NASDAQ:MSFT   Microsoft Corp.
i have also considered Elliot wave counts.
My target for the short is a little lower than the 0.618 retracement target, but I think its justified given that the support/resistance and also the larger waves being unclear.

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.