I will be entering at $155+, or break of pink wedge.
Pink ascending wedge in MSFT chart is a repeating pattern.
Typically corrects at end of pattern. We are reaching this point by January 15, 2020 or earlier.
Red boxes are gaps to fill, although we may not fill the $123 gap.
We should fill all gaps down to the yellow support line.
I am waiting for $155+ to buy Puts.
I am overall long and bullish on MSFT. I play the pattern, not the company.
When MSFT is done correcting, this will be an excellent long position for any portfolio.
After correction MSFT rallies 40% or greater conservatively.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.
Pink ascending wedge in MSFT chart is a repeating pattern.
Typically corrects at end of pattern. We are reaching this point by January 15, 2020 or earlier.
Red boxes are gaps to fill, although we may not fill the $123 gap.
We should fill all gaps down to the yellow support line.
I am waiting for $155+ to buy Puts.
I am overall long and bullish on MSFT. I play the pattern, not the company.
When MSFT is done correcting, this will be an excellent long position for any portfolio.
After correction MSFT rallies 40% or greater conservatively.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.
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.
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.