MSFT Short Idea
I'm back with another MSFT short idea. I got wrecked on my last MSFT short, it's obviously quite strong and trading near ATH, a dangerous short. I'll wait for this channel to be broken to the downside and for it to fail on a retest before entering. It may go straight down and never retest, but I don't think it's worth shorting before the break or shorting it as it is dropping. By waiting for the retest, you get the best R/R because if it does break back above it's an easy decision to stop out for a small loss. Should be a good short if it does break and MU + NVDA weakness continues, MSFT has some correlation with those names.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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