MSFT corrects down to 212
MSFT recently began a correction after finishing 5-wave extension. Our trade is to follow it down to completion at the 61.8 Fib retracement above 211.
Case in point for the correction: declining RSI and 13EMA/30SMA hourly moving average cross.
Case in point for the correction: declining RSI and 13EMA/30SMA hourly moving average cross.
Trade closed: stop reached
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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.