MSFT testing a well proven Resistance zone $392.76-394.12
This zone rejected twice already, now may be ready to break?
Fib reactions have been precise, so look for Break-n-Retest
This zone rejected twice already, now may be ready to break?
Fib reactions have been precise, so look for Break-n-Retest
Trade active
POP(yellow shaded area is from posting time)
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Take a closer look with some notes:
It was ready to be rejected at $392.76-394.12
Earnings report spiked through several fibs.
Has hit a MAJOR resistance at $438.79-441.51
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What Next?
Looking for a dip to support, top bound of zone at $428.06
If support is lost, it might retrace most of the ER spike.
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the Golden Ratio is my Religion
the Trading View is my Nation
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the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.