Get started
Microsoft Corp.
Short

Microsoft growth doubt

By dogofwallstreets
Updated
MSFT has been down trending following this parallel channel's support & resistance, now testing resistance at $280 which is perfectly aligned with the daily 200MA & 0.5 fib level.
Fundamentally, fear from Q3 results because of interest rates hike & recession doubts, share holders will take partial profits at $280 or a little bit higher protecting themselves from the negative earnings impact.
DXY soaring:
DXY
Trade closed: target reached
Down way lower since this
snapshot
EarningsearningsreportGrowthmicrosoftmicrosoftshortMicrosoft (MSFT)Parallel ChannelSPDR S&P 500 ETF (SPY) stockmarkets
dogofwallstreets
Also on:

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.