$MSFT -Looking for Trades after TP

21. Aug. 2023

- We had a good trade with MSTF last week, resulting to a 32% ROI.
For now, awaiting more confirmations to occurr in price action.
Regarding last weekly close bounce,
it appears to me it was more of Techncnical bounce nearing the *D-*W Support-Trendline.

Zooming in to Smaller time-frames,
price remains in a downtrend until price breaks-out from
descending channel pattern and key levels.
In case Support-Trendline fails to hold the price above it,
292.11$ would be the next downside target.


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*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any Trading Activity based Solely on this Idea.