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Hey guys, wanted to share a MSFT swing trade I’m watching. Been playing around with this AI system I built that’s been finding some decent setups, and this one caught my eye. The setup:
Rationale: MSFT’s bounced hard from the pullback and now hanging around $438. Daily chart looks bullish – price above all major MAs but definitely running hot with RSI at 71.3. 4H confirms we’re still in uptrend territory, but showing signs of cooling off after that crazy $350 to $440 run. I’m looking for a pullback to $431.50 which lines up with hourly MA20 support and that previous resistance flipping to support. Daily momentum still strong (MACD positive) but 15min chart showing bearish divergence so we might actually get that pullback for entry before another leg up. I’ll update this post with the outcome, if the trade gets triggered. Stay tuned! submitted by /u/sw_is_best to r/swingtrading |