MSFT watch $392.76-394.12: Key Resistance to Tariff Recovery

28 apr

MSFT testing a well proven Resistance zone $392.76-394.12
This zone rejected twice already, now may be ready to break?
Fib reactions have been precise, so look for Break-n-Retest

5 mag

Trade attivo

POP

(yellow shaded area is from posting time)

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Take a closer look with some notes:

It was ready to be rejected at $392.76-394.12
Earnings report spiked through several fibs.
Has hit a MAJOR resistance at $438.79-441.51

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What Next?

Looking for a dip to support, top bound of zone at $428.06
If support is lost, it might retrace most of the ER spike.

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l’altro ieri

Trade chiuso: obiettivo raggiunto

WOW, what a break out!
(yellow shaded area is from posting time)

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27% from our our exact level of interest

BreakOut on Earnings and then ground its way up.
Closed rest of position at Golden Genesis at $501.11
See if a pullback soon to rebuy, but am OUT for now.

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Another PREFECT trade given by the fibs.

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