I closed $Microsoft(MSFT)$ ,### What I Did I sold my Microsoft shares at $450. After watching the stock climb steadily and seeing it reach this high point, I decided to cash out while the getting was good. The stock has been riding the upper Bollinger Band, indicating it’s in overbought territory. ### Why I Did It I noticed a few key signals that suggested it was time to sell. The price was hugging the upper Bollinger Band, often a precursor to a pullback. The MACD indicator showed a divergence, with the MACD line at 2.71 and the signal line at 7.14, suggesting a potential bearish crossover. Additionally, the trading volume wasn’t significantly high, indicating the rally might lack strength. Lastly, the stock was near a previous resistance level at $453.60, making it a good point to lock in profits. ### What to Do Next I’m planning to buy back my Microsoft shares after a potential pullback. I’ll look to re-enter around the mid-Bollinger Band level of $434.38. If the stock dips further, I’ll aim for the lower Bollinger Band around $407.73. This strategy allows me to maximize gains by buying back in at a lower price, ready to ride the next wave up.| Side | Price | Realized P&L |
|---|
| Sell Close | 450.11 | +3.78% Closed |
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