Will be watching MSFT this week for a short opportunity if we reject this upper trend and overhead resistance. Classic ascending wedge pattern could play out to the downside in the next few weeks. Watch for a break to the upside of the wedge for invalidation and a clear rejection for an opportunity to go short.
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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.