MSFT is at major support of a lower trendline inside of a huge bearish rising wedge.
If the price breaks below the trendline game will be over for MSFT.
Strong bearish divergences on RSI and MACD indicate a break will occur any time soon.
If the price breaks below the trendline game will be over for MSFT.
Strong bearish divergences on RSI and MACD indicate a break will occur any time soon.
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Hardly surviving. Bounces from trend line are smaller and smaller - very bearish.
So now it seams magn 7 lost one more member!
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Still in a bearish rising wedge. MSFT has huge bearish negative divergences which indicate the pump is dead.
We have doji at the top, indicating the indecision of bulls.
I just entered half size short position. This looks like free money!
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today will likely be second half.this will only go down from here
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Kabaaaaaaam!
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This is proof how rising or falling wedge are powerful pattern. 360 is first major stop or target for dead cat bounce only
Consistency is the key of success....
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.
Consistency is the key of success....
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.