MSF Short
Disclaimer: This is not financial advice. The information presented is only an opinion and should not be considered as investment guidance. Do your own research and consult a financial professional before making any trading decisions.
Trade Details:
Instrument: Microsoft Corp. (MSFT)
Position: Short
Entry: Between 284 - 292
Stop Loss (SL): 304 (2 x Daily ATR of 6 = 292 + 12)
Target Levels:
Target 1 (T1): 0.382 Fibonacci retracement level
Target 2 (T2): 0.618 Fibonacci retracement level
Target 3 (T3): 1.0 Fibonacci retracement level
Target 4 (T4): 1.272 Fibonacci extension level, which is top of pre covid highs.
Please note that this trade idea is based on technical analysis and current market conditions. Market conditions can change rapidly, and it is essential to keep an eye on any fundamental news or events that may impact the stock price. Always adhere to proper risk management and use appropriate position sizing.
Trade Details:
Instrument: Microsoft Corp. (MSFT)
Position: Short
Entry: Between 284 - 292
Stop Loss (SL): 304 (2 x Daily ATR of 6 = 292 + 12)
Target Levels:
Target 1 (T1): 0.382 Fibonacci retracement level
Target 2 (T2): 0.618 Fibonacci retracement level
Target 3 (T3): 1.0 Fibonacci retracement level
Target 4 (T4): 1.272 Fibonacci extension level, which is top of pre covid highs.
Please note that this trade idea is based on technical analysis and current market conditions. Market conditions can change rapidly, and it is essential to keep an eye on any fundamental news or events that may impact the stock price. Always adhere to proper risk management and use appropriate position sizing.
Trading ditutup: stop tercapai
Stopped out.I am now looking for a reaction at 313, 326 and 340 before I make my next short
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.