Power Plays Update: Taking Down MSFT
April 15, 2024

By Scott Redler

Last week, I doubled up our Microsoft (MSFT) Power Plays position because it was looking so strong.

However, it is breaking down so we are taking it back down to a normal position.

This is all about respecting the price action, and it's clear that a more cautious stance is warranted.

From here it needs to hold $377 to $397 area to stay out of trouble.

-Scott

Scott Redler Positions Disclosure as of 2024-04-15 at 2.29.50 PM