$MSFT Going for that gap

10 ביוני 2021

MSFT printed today an inside day and has cooled off after a strong bounce since Friday. I am eyeing the top and bottom gaps as interesting levels, although I believe we will continue swinging towards that 1.618 fib level after the previous flag. Indicators are taking a breather, but if CPI numbers are good and TNX stays low, we could see a stronger tech rally now that many stocks, like MSFT, are decently positioned to continue this trend.