MSFT - Trend Analysis and Binary Options Trade
We've been making higher highs and higher lows on the daily chart. BULLISH.
1) If we can't hold above 0.382 fib at $210, I'm buying 12/04 $205 PUTS. Once the lower support keeps $206 in play, 12/04 $210 CALLS. If the lower support fails, then the good news is; we've already got our puts :)
2) If the upper support keeps us above $210, 12/04 $217.5 CALLS. We will most likely retest the 0.786 fib in this scenario.
1) If we can't hold above 0.382 fib at $210, I'm buying 12/04 $205 PUTS. Once the lower support keeps $206 in play, 12/04 $210 CALLS. If the lower support fails, then the good news is; we've already got our puts :)
2) If the upper support keeps us above $210, 12/04 $217.5 CALLS. We will most likely retest the 0.786 fib in this scenario.