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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (461)2/4/2021 3:33:49 PM
From: Bull RidaH  Respond to of 4393
 
MSFT - "Just can't see MSFT hitting $297, or for that matter even $277" Thanks TD for steering me back for another look. Upon further review, I totally agree with you.

Like AMZN, MSFT also formed a DIAMOND pattern in the final quarter of last year. And though its quad fork pattern targets 297, this diamond pattern prevails and supercedes it for top/reversal identification. As noted in the chart, the topping/reversal target is 255.21. MSFT spent 102 days inside its diamond, so 51 days are allotted to achieve that 255.21 target. 34 days have elapsed post breakout, which keeps the upside window open 17 more trading days after today, into Monday March 1st. ORCL reports on March 5th, which looms as a final bullish moment on the horizon. Beware the IDES OF MARCH!!