MSFT reports next week but is having some selling pressure ahead of its report. The two very small-bodied indecision candlesticks with wicks and tails, and now followed by a larger down day, indicate weakness for potentially more downside. However, because weak to moderate support levels are not far off, selling short is not a good idea for swing traders.
Candlestick AnalysisEarningsearningsreportTechnical IndicatorsMicrosoft (MSFT)sellingpressuresellingshortsupport
Martha Stokes, CMT
ttrader.im/tv-candlesticks

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