$MSFT and $EH Under Pressure
1. $Microsoft(MSFT)$ - Focusing on downside follow-through after another rejection at the 200-MA.
I failed with an earlier attempt on 16/10 (intraday reclaim trendline support) but Microsoft remains on my focus for a downside swing via long $DIREXION DAILY MSFT BEAR 1X SHARES(MSFD)$ , as the RS divergence (lower lows in RS vs higher lows in price) continues to intensify.
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EH is filted into my focus today after all those consideration. There’s no reason to hesitate in executing a trade when your target bid matches the ask, especially if it’s already on your focus list (with technicals, risk events, etc., accounted for).
EH pushed out of all MA last Friday, it's not below any moving averages.
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