Microsoft Corp.Long
Potential long in $MSFT
Updated
**Scenario:**
- The 30-, 50-, and 200-day SMAs have been perfectly aligned for a bullish move for the past few days.
- Since the low point in August, the price has been making higher highs and higher lows, indicating a bullish trend.
- The seasonality in MSFT (bullish Q4) is about to begin.
- The last bullish wave has already been corrected by 50%, which may be sufficient for the next move.
Note
Stop Order moved down:
Note
Buy order moved down. Waiting for the reversal:
Order cancelled
finally, I've deleted the order. Seems like the price is forming a reversal now, but as I'm not holding through the earnings, it would be a too short-term trade for me.
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