MSFT Ascending Wedge Fakeout
MSFT had a fake breakout above its major ascending wedge from October 2023. Like I always say, fakeouts typically lead to a hard reversal in the other direction. First downside target for me is $430 or the bottom end of the wedge. If the wedge breaks to the downside, $390-$400 is next.
If it breaks to the upside, I'd be looking for longs on pullbacks to support, such as a retest of that trendline.
If it breaks to the upside, I'd be looking for longs on pullbacks to support, such as a retest of that trendline.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。