Microsoft WingsSharing some zones I find of interest and some ideas or potential scenarios I might want to have a lookout for.
The stock wants to fly but how high? I have an interest in the purple zone in case it is reached in its time interval. Also for the upside, I have a peculiar interest in the white curve potential resistance which is mostly an estimation not a precise line level, but will be looking for weakness near it in case there are signs for a potential reversal.
The green line will eventually be broken, not sure about the white one, which could prop up the price until it encounters the white curve.
For more bearish toned scenarios, I look at the green and the red zones as potential support zones for reversals or just consolidations, but also having a lookout for a potential comeback that doesn't quite include these areas of interest for the big event that can propel this higher, even if the earnings disappoint and it takes another hit with a bearish wave.
The marked time stamp could be meaningless, unless significant price action indicating potential reversal after descent occurs near it.
