ContraryTrader

MSFT Bearish Descending triangle

做空
NASDAQ:MSFT   微软公司
Orange lines - Weekly channel
white line - split channel
purple lines - Descending Triangle

1st target would be the split channel.. the numbers here differ depending on when the pattern plays out. The split channel is strong support and outside the Nasdaq falling 300-400 points i dont see that line giving way.

Wait for a drop below 296 for entry

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