MICROSOFT CORP
Short

MSFT possible reversal

139
Bearish candlestick pattern printed on the weekly chart. Pay attention to the wicks; the newest candle tried to retest the high and reversed before it could get back up there.

snapshot

Here we have the daily chart showing MSFT breaking trend, as well as a bearish reversal pattern confirmed with a mini bear flag.

Current target is $192-$195, but i'll be watching price action closely around $198 level.
Planning to cut losses if we gap up this coming Monday, or if we open flat/green and we're not down trending within the first hour of trading.

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