$MSFT ready to pop

21 Ara 2020

MSFT has a five pack of nested 1, 2s. One of the best set ups out there, IMO. I've been holding 12/31 $117.50 long calls. Up 22% on the day. Could get over 100% percent quickly.

21 Ara 2020

Not

A look at that 5th nested 1, 2 on the 5 min. Much room to run here.

21 Ara 2020

Not

Love it when a plan comes together! Sold a few of my calls for 25% profit, holding the majority because I still see room to run!

22 Ara 2020

Not

Hoping that minute wave iv is in just shy of the 0.382.

22 Ara 2020

Not

Sold my calls near top of minor wave 3. Now in a minor wave 4 correction. Will look to add more calls in the box.

22 Ara 2020

Not

Possible shallow wave 4 with triangle correction. Added a few calls at count e.

22 Ara 2020

Not

LOL, nope. Original count was probably correct. I fomo-ed myself. No worries, will add a few more calls in the box.

22 Ara 2020

Not

May add a few more calls if we correct into this wave 2 box.

22 Ara 2020

Not

Just added some more 12/31 $225 calls at $5.05 near the bottom of the box. If this count invalidates (i.e., if putative micro wave 2 gets below $223.12), I'll sell for a small loss.

22 Ara 2020

Not

22 Ara 2020

Not

Invalidated. Closed. Will look for a new long call entry this week. Still MSFT in the short term.

23 Ara 2020

Not

Possible leading expanding triangle to kick off primary wave 3. Will look for confirmed breakout of parallel channel bull flag to add calls.