m3rck

MSFT Short breakout play

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m3rck Uppdaterad   
NASDAQ:MSFT   Microsoft Corp.

Looking for the further breakout on MSFT 105.22 to further downtrend all the way down to 84.81 levels back to last year's Nov prices after huge sell-out yesterday.
Kommentera:
We are close to the break-out opportunity. Close observation on the price-action today before going in. No brash calls here as price needs to show its dip into the bearish zones before entry can be made
Kommentera:
Interesting price on the open. I guess its the shorts taking in their profits in the pre-markets. It is still an interesting development and had I been short, I would actually be very interested to add on more size.
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