Been waiting for this scenario to unfold for couple of weeks now.
here's an updated view from my prior MSFT post (linked below) - i'm sorry if it looks too complex with all the on-chart analysis
this time, we're zooming in to the 4hr chart as i was curious to compare this move to the prior one, and they seem very similar
MSFT dipped below $322 in pre-market today already and it seems we're in for another down day
- so the time is almost here for our long entry
- still prefer a breakeven entry below $320. $315 is still the magic number. so bottom fishing season open :)
- looking for a 15% upside to a target ~$370 somtime in Q1
Here's how my other chart setup looks like - using the 1D view.
what we're looking for is a dip below the 50SMA, which the xMACD shows it may be possible within the next 1-5 days.
Disclaimer: as usual, this is only my expectations - not a trade recommendation
here's an updated view from my prior MSFT post (linked below) - i'm sorry if it looks too complex with all the on-chart analysis
this time, we're zooming in to the 4hr chart as i was curious to compare this move to the prior one, and they seem very similar
MSFT dipped below $322 in pre-market today already and it seems we're in for another down day
- so the time is almost here for our long entry
- still prefer a breakeven entry below $320. $315 is still the magic number. so bottom fishing season open :)
- looking for a 15% upside to a target ~$370 somtime in Q1
Here's how my other chart setup looks like - using the 1D view.
what we're looking for is a dip below the 50SMA, which the xMACD shows it may be possible within the next 1-5 days.
Disclaimer: as usual, this is only my expectations - not a trade recommendation
