jgoody4x

MSFT down to $350 area ( cup and handle potential ? )

做空
BATS:MSFT   微软公司
If you zoom out on the 4hr chart of MSFT you will see a nice double top pattern. Will this area hold? I think so! This looks like an excellent area for bears to step in and take it back down to support. Retrace, consolidate, build the "handle" then decide which direction it wants to go.

First target $350 , I think if there is another push higher, its purely a liquidity grab to take it much lower.

Second target $340
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