$MSFT: Pullback Before The Next Move? How patience paid off on this setup

Quick recap on why this Microsoft trade worked out so cleanly and where my head is at now.

Entry Zone: $500.00 - $510.00

Target: $555.00

Invalidation: $488.00

Result: ✅ Target reached ($557.40 peak). Actual return: +10.2%

Why the setup worked: The setup was based on a clean breakout above the $500 key psychological level, followed by a textbook 4-hour retest of that previous resistance turning into support. We paired this with strong volume expansion on the initial push, low volume on the pullback, and bullish market structure maintaining higher lows across the daily timeframe.

Next setup: I’m not chasing the move after taking profit. I’m waiting for another clean setup with defined risk. Once price hits target, disciplined traders step back and let the market build a new base.

What are you guys watching on $Microsoft(MSFT)$ right now? Holding spot, taking partials, or waiting for a deeper pullback? Drop your levels below.

# Trade Feed: Who is your favorite trader?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet