📈 Day-Trade Setup:
- Entry: $434
- Stop-Loss: $432 (tight risk management)
- Target 1: $439
- Target 2: $445
Rationale:
Microsoft is showing signs of a potential reversal after hitting key support levels around $432-$434.
This level aligns with prior demand zones, and a recovery is anticipated based on Elliott Wave projections and Fibonacci retracements.
- Target 1 ($439): Represents the 0.382 Fibonacci retracement and aligns with interim resistance.
- Target 2 ($445): Aligns with the 0.618 and 0.65 Fibonacci retracement levels, completing Wave C.
Risk Management:
Position size is adjusted for a 1% account risk.
Outlook:
This trade leans on technical patterns and tight risk-reward dynamics. Microsoft continues to be fundamentally strong, with its cloud and AI initiatives fueling long-term growth.
Let's see if this rebound materializes! 🚀
- Entry: $434
- Stop-Loss: $432 (tight risk management)
- Target 1: $439
- Target 2: $445
Rationale:
Microsoft is showing signs of a potential reversal after hitting key support levels around $432-$434.
This level aligns with prior demand zones, and a recovery is anticipated based on Elliott Wave projections and Fibonacci retracements.
- Target 1 ($439): Represents the 0.382 Fibonacci retracement and aligns with interim resistance.
- Target 2 ($445): Aligns with the 0.618 and 0.65 Fibonacci retracement levels, completing Wave C.
Risk Management:
Position size is adjusted for a 1% account risk.
Outlook:
This trade leans on technical patterns and tight risk-reward dynamics. Microsoft continues to be fundamentally strong, with its cloud and AI initiatives fueling long-term growth.
Let's see if this rebound materializes! 🚀
@ TheStockWhale on Twitter / X
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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。
@ TheStockWhale on Twitter / X
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。