Microsoft Corp.
Short
Updated

MSFT short position

713
On the chart we can see the main resistance (red) and several supports levels (green).
As the Relative strenght index remains strong we expect the price to continue higher and reach the resistance.

Stop loss: 359.9 USD
Target:315.72 USD

We would enter a short position once the price reaches the resistance line.

Trade active
price reached our entry. stop loss in place
Trade closed manually
Closing it here in profit.

Looks like there's more fuel to go higher

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