Microsoft - H&S Fake Out to Make Out! 16% Upside

🖐️ H5 TRADE - MSFT

There was to much going on to call out my exact entry on this at the retest area but to be fair I put it on everyone's watchlist a few weeks ago and said a retest would be a perfect entry. This will be different once the H5 Community is up and running as I will have a whole trade alerts channel were I post my trades and buy/sell notis right as after execution!

With this trade we still have over 16% to run upward from here. So, up to you friends! Them and other Mag7 names held up really well during that flash crash and that is very bullish to me! Also, to throw in a learning lesson for all: Just because a charting pattern forms (H&S on MSFT) doesn't mean it's a trade you should enter! Always wait for breakouts and retest! If you struggle with that then you better beat it into your head and tape you hands underneath your desk!

-H5 indicator is GREEN
-Symmetrical Triangle pattern breakout and retest
-Launching off Volume shelf back to ATH and beyond
-Bottom of the two year rising channel
-Williams CB forming and believe we create support next week

I consolidated the account yesterday into the best trades and saw this OLD SAFE n RELIABLE trade and chose to buy some options!

🔜🎯$466
🎯$512
⏲️Before 05May2025

2 Contracts -$420 Calls for May 16th 2025
CB: $40.03 - Currently $43.75

Not financial advice.
Chart PatternsideasTechnical IndicatorsinvestingmicrosoftMicrosoft (MSFT)msftideamsftlongmsftstocktradingTrend Analysis

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