Microsoft Corp.
Satış

Microsoft (MSFT) Developing Butterfly Pattern - Hourly

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This may be a long or short opportunity depending how you play it.

Miscrosoft (MSFT) one of th FAAMG stocks has recently recovered nearly 80% of its February high.

On a hourly basis a Butterfly Pattern is developing where point C may have been put in,

and we are looking for a Point D which is an 1.27-1,41 extention area. This also happens to point to a gap

going back early April.

One might sell short here (or sell a long position) and cover ( or reestablish the long poition) where indicated,

or wait for a break of point B. Cover should be around the 186+ area.

Be aware that earnings come out April 29th before the market opens, so expect some volatility ahead.

Just an idea of mine.

S.

Feragatname

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