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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: POKERSAM who wrote (13667)

5/17/2022 12:59:59 PM

From: Kirk ©

Respond to of 26384

Here is your chance to shine again!

Votes Cast : 5

MSFT @ $266 neckline - Bear Trap or Last Chance Before Further Weakness?

Bear Trap: Up ~25% to $330 before down 25% to $200

Down ~25% to $200 before up 25% to $330

I don't know - voting to see more polls like this.

This poll is now closed (poll closed on 21 May 2022).

MSFT is testing its H&S top neckline from below... that can be the last chance to get out or go short... or if the price works higher, it invalidates the pattern and gives bulls a sigh of relief.

To: POKERSAM who wrote (13667)	5/19/2022 8:48:30 AM
From: Mongo2116	Read Replies (1) \| Respond to of 26384

a bet ur panties are wet today eh?

To: POKERSAM who wrote (13667)	5/27/2022 11:48:59 AM
From: Kirk ©	2 Recommendations Recommended By berniel Sdgla Read Replies (1) \| Respond to of 26384

One could also argue that this dashed green secular bull channel contains the 35% bear market that started it as well as the 21% bear we just experienced... without breaking trend. The recent "bottom" is an interesting intersection of three support elements: 38.2% Fib 21% intraday bear where those waiting for 20% declines jumped back in. (Including me with about 1/3 of my stocks that I took profits in near the highs) bottom of my dashed green secular bull channel