With a gap-fill above, I expect MSFT to fill the gap and then react to a 1HR Supply zone pushing it down to retest the top of the gap—then another leg up to break through supply. PT should be just before .618 Fib Level (250.35) because of a 45MIN supply level waiting right below. Best for a day-trade or better yet, Swing trade. NASDAQ:MSFT
The price channel for this security its very clear, a ressitance at $195, and a support at $187. The candlestick formation is suitable and supports out idea for the trade. We can also get some help from the inexes, which we think are going to take a resto from the bullish trendes for a couple days.The trade is pretty simple.
