MSFT is at major support of a lower trendline inside of a huge bearish rising wedge. If the price breaks below the trendline game will be over for MSFT.
Strong bearish divergences on RSI and MACD indicate a break will occur any time soon.
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Hardly surviving. Bounces from trend line are smaller and smaller - very bearish.
So now it seams magn 7 lost one more member!
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Still in a bearish rising wedge. MSFT has huge bearish negative divergences which indicate the pump is dead.
We have doji at the top, indicating the indecision of bulls.
I just entered half size short position. This looks like free money!
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today will likely be second half. this will only go down from here
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Kabaaaaaaam!
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This is proof how rising or falling wedge are powerful pattern.
360 is first major stop or target for dead cat bounce only