MSFT short to $144 area

With all the market being a paradise for bears I'm using a short position while making profits on MSFT since $187. I'm not closing the short position as I'm seeing the next target of $144, which is the 50MA. Global support is at $118-$120 area and we will definetly visit this area qiute soon if the fundamentals remain the same.
Trend Analysis

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