MSFT Update (options)
Through their tales of joy and pain,
We'll learn to dance in life's sweet rain.
So listen well to words from the wise,
And let their knowledge be your prize.
As an update to my idea yesterday, I discussed that if MSFT broke down, that we'd head toward $253 and we got to $253.58 which is down from 256.87 where we closed yesterday.
MSFT filled the gap in the first 15 minutes of trading then was rejected in a big way. I believe we'll hit that target of 253 exactly, but will be watching for a move back toward 247 if we break 253.
Watch the wavemaster on the 15, though. We're pretty oversole so don't be surprised if we get a bounce tomorrow in the first part of the day before potentially reversing lower later in the day.
We'll learn to dance in life's sweet rain.
So listen well to words from the wise,
And let their knowledge be your prize.
As an update to my idea yesterday, I discussed that if MSFT broke down, that we'd head toward $253 and we got to $253.58 which is down from 256.87 where we closed yesterday.
MSFT filled the gap in the first 15 minutes of trading then was rejected in a big way. I believe we'll hit that target of 253 exactly, but will be watching for a move back toward 247 if we break 253.
Watch the wavemaster on the 15, though. We're pretty oversole so don't be surprised if we get a bounce tomorrow in the first part of the day before potentially reversing lower later in the day.
CE - BitDoctor
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