Between January 2023 and July 2024 
MSFT had a nearly 100% expansion showing aggressive growth. For the last 8 months however, MSFT has been trading sideways in a channel between ~$455 and ~$400. During the last earnings report future growth guidance came in under expectations. Technically, there was large gap down following earnings and a retraction to the 21 EMA offering a short entry window. I took a short position here with a stop loss placed above the 21 EMA, I will be adding to this position when price breaks the support of $400 and again if it continues to fall and retracts to the $400 level. First target is the previous $373 support level, second target is the $330 support level. 
MSFT had a nearly 100% expansion showing aggressive growth. For the last 8 months however, MSFT has been trading sideways in a channel between ~$455 and ~$400. During the last earnings report future growth guidance came in under expectations. Technically, there was large gap down following earnings and a retraction to the 21 EMA offering a short entry window. I took a short position here with a stop loss placed above the 21 EMA, I will be adding to this position when price breaks the support of $400 and again if it continues to fall and retracts to the $400 level. First target is the previous $373 support level, second target is the $330 support level. 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.