Consistent_Trades

MSFT be or not to be

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BATS:MSFT   Microsoft Corp.
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

Consistency is the key of success....
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