Bullish daily candlesticks , RSI breakout and back tested, but there are strong resistance at 393-396 , if breakout then it will target the upper gap and fib golden at 428 but there are real overhead resistances. Above 396 , minor targets at 408 and 416 .The latest news of tariffs exemptions may push it higher but needs carful risk management.
MSFT Earning report by 30th April . i would like to to take 395 Call expiry before earning but with protection Put or some type of hedge. Good luck . please boost and share. Gracias
Note
The main reason to be more caution is that big red cloud overhead. if she can break it out then it will be nice . from other side, if its rejected by the red cloud then potential consolidation or drop again !Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.