MSFT is finishing up a W-3. It may open slightly higher tomorrow morning and reach the 1.618 fibonacci extension, but the sell-off will definitely start tomorrow. I will be selling covered calls against my shares to protect against downside. Also, bearish divergences evident in MACD and RSI.
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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.