NASDAQ:MSFT
Huge Head and Shoulders pattern, and MSFT is now trading in a falling wedge.
The volume soared when MSFT broke through the neckline.
aldought a falling wegde is seen as a bullish pattern, the measured move for the Heas and Shoulders patterns is far behond where the pricec is now, so for now I am bearish on MSFT and actually almost everything. But...
All is revealed in this humble chart. The plan is quite simple. I would like everyone to hold off buying any Gala until around day 10 of the oscillation period and then on the 10th day, buy Gala like mad. Out bid anyone who places an order, just buy and don't sell, because if you sell we will know. Those shorts will be happy to sell, take all they have and then...
