Get started
benjihyam

$MSFT to go above $450 for blow off top?

Long
Microsoft Corp. (BATS:MSFT)  
benjihyam Updated   
BATS:MSFT   Microsoft Corp.
Trend Analysis Support and Resistance Supply and Demand Microsoft (MSFT) msftlong microsoft
9
0
trendanalysis supportandresistance supplyanddemand msft msftlong microsoft
MSFT had a strong bounce from $397 and looks set to continue a move higher.

I think we could see a very strong move over the next few weeks which sends MSFT up and over the $450 range to new highs.

If we get up there, I think this will end up being the final move for MSFT before heading much lower. Yes, I was too early on my original top call, however, still think the same outcome will prevail after hitting this range. Will update the bearish view if this top gets hit.

I bought 3/8 $450C prior to NVDA earnings, let's see if this range gets hit before then.
Comment:
Breaking out of range. I added $430 and $450C today for 3/15
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.