Just look at that pivot point. Ignore fundamentals. MSFT is about to either jump or drop down.
Watch that pivot point!!
Watch that pivot point!!
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Still bouncing near it. I added some additional stuff that I spotted today.
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Boom! Last failure to pass that resistance results in the stock plummeting.
To be honest, I was short and lost the premium on a call option.
To be honest, I was short and lost the premium on a call option.
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As they announced earnings on April 26 I recovered a part of that, as the option was back in the money. However, still closed it in the red.