Microsoft Corp.Short
Msft
Something happened technically on msft last week that hasn't happened since Dot com era; Msft closed outside its weekly bollingerband twice. To say this is Overbought would be an understatement.
Short entry
Below 364
Targets
1st 357 gap close
2nd target
Trendline support or 345
The yellow horizontal line is msft previous ATH at 366, things get bearish underneath that price
Daily rsi already curling over at resistance
Short entry
Below 364
Targets
1st 357 gap close
2nd target
Trendline support or 345
The yellow horizontal line is msft previous ATH at 366, things get bearish underneath that price
Daily rsi already curling over at resistance
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