MSFT - Updated Analysis as we see further tapering rejections
We are seeing rejection from a very tapered blue buying continuation after last week's rejection of purple. We are holding magenta stronger buying continuation so we will need to see this fail in order to get into a further downside trade - however, with additional proof of rejection from blue tapered, we can get in an early short position to at least magenta to see if we're picked up there.
Either way, plenty of opportunity here on MSFT in the coming days and weeks.
Happy Trading :)
Either way, plenty of opportunity here on MSFT in the coming days and weeks.
Happy Trading :)
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