MSFT - weekly support, daily RSI bullish divergence, low risk
A good stock for swing calls, or day trade.
First stop is MSFT below 142, then below 140. If you want to preserve capital you could add a third stop below 141.
First stop is MSFT below 142, then below 140. If you want to preserve capital you could add a third stop below 141.
Trade active
Bought weekly 145 calls at $4.50Note
So... here is a lesson-If you had calls and exited all due to stops triggering, you can re-enter different calls.
If you have a small position and still like your trade setup, you can hold your options. Also, whatever timeframe you trade on, you have to wait for candle to close.
Trade active
Held calls through afternoon drop and rise, added more at lower cost.Trade closed: target reached
Calls bought at $4.50 and $2.10 sold this morning for $5.25, when stock moved up to 147.
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Disclaimer
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.