$MSFT: RISING WEDGE, DROP INCOMING
🔸️Ticker Symbol: MSFT 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: $MSFT is forming a rising wedge that could potentially break to the downside in the coming days. On our dashboard we can see that our white line which is "Money Momentum" is shifting out of the market as the price is increasing overall. This is a classic example of divergence in the market and typically will result in the stock pushing lower in price. Once we do get our middle band on the dashboard to switch from green to red this would then indicate we are in a bear trend and confirm our downside potential.
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
TECHNICAL ANALYSIS: $MSFT is forming a rising wedge that could potentially break to the downside in the coming days. On our dashboard we can see that our white line which is "Money Momentum" is shifting out of the market as the price is increasing overall. This is a classic example of divergence in the market and typically will result in the stock pushing lower in price. Once we do get our middle band on the dashboard to switch from green to red this would then indicate we are in a bear trend and confirm our downside potential.
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.