I love MSFT in my LT portfolio, but I think there could be a chance of a reversal. I see bearish RSI divergence along with a bearish expanding triangle. I am not shorting but I am selling my current shares here and will look to add this back at a better price (aiming for 248ish). If the reversal does not happen I will get back in, but at a later time when I see a good entry point. Let me know what you guys think!
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.