Sell - MSFT (Microsoft) Above October 2018 $116 Top
Latest quote on MSFT (Microsoft - NASDAQ) is $117.26 above an all time high of $116.10 set on October 1st 2018. The market cap currently stands at $899-Billion.
The trade idea is sell simply because the market cap is enormous and the consequences of profit taking at all-time and 5-day highs will increase the probability of a pullback in price soon.
MSFT - NASDAQ sell short price target is $112.50 for a 4% difference from the latest quote of $117.26. The duration for the target is 1-8 weeks.
The trade idea is sell simply because the market cap is enormous and the consequences of profit taking at all-time and 5-day highs will increase the probability of a pullback in price soon.
MSFT - NASDAQ sell short price target is $112.50 for a 4% difference from the latest quote of $117.26. The duration for the target is 1-8 weeks.