MSFT bearish pitchfork and RSI analysis

19 Haz 2023

MSFT reached a high pitchfork line and the RSI and the price are diverging which is a bearish setup.

25 Haz 2023

İşlem kapandı: hedefe ulaştı

the first step of the divergence played out over the 1st weekly bar, MSFT fell 2.14%. A safe exit would be here but a more aggressive approach would wait till MSFT would fall further, maybe till RSI's gets below the middle (50) line.