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Non-Tech : Kirk's Market Thoughts
COHR 194.01+4.1%Jan 6 3:59 PM EST

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To: Kirk © who wrote (7046)4/26/2019 12:24:32 PM
From: Fintas1 Recommendation

Recommended By
toccodolce

   of 26951
 
MSFT RSI PNF.

When I look at this and in fact when I did such long ago I could understand that if MSFT was able to expand their foot print and get FA in place a retest of that 4 area was possible. I STILL believe that.

With it's RSI in the 2.97 area interday to get to that 3.99 or 4.53 would be 30- 50% from the 129. Well given I can see 145 as safe then stretching to164- 190 is possible given my string of 16.20/17.8/19.44 or 162/178/ 194.

BUT that is LONGER term. Here and now does it stop at in the 130's or 145. We shall see.

However I'd be thinking ok but retraces are ok and MSFT is due one re it's RSI as this chart suggests to me.

So the investor should consider such and the trader might do so as well.

3-10% up from here or 20-30% down and then upwards and onwards. GOT ME?

I just know when I see value in a call leap as I have in the past I'll be there. IMO

Fintas

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