$MSFT TOP 20
Added 2024-10-20 18:12:20 +0000 UTCI wish I could be more optimistic for $MSFT holders but I just can not warm to a possible bullish move here right now
Price action is struggling at the 50 and 200 Day MA and has broken down from the bearish channel too and has not been able to hold back in the channel either.
A break below the 0.236 Fib at $408 would all but confirm that a lower low is next
That being said, it could be the first to completes its ABC correction and in that case, I would have no problem buying at $350 or below.
Comments
Appreciate the honesty, always. It's why I'm here!
Jeff Vox
2024-10-21 14:41:57 +0000 UTC
