$MSFT ready to pop

21 gru 2020

MSFT has a five pack of nested 1, 2s. One of the best set ups out there, IMO. I've been holding 12/31 $117.50 long calls. Up 22% on the day. Could get over 100% percent quickly.

21 gru 2020

Uwaga

A look at that 5th nested 1, 2 on the 5 min. Much room to run here.

21 gru 2020

Uwaga

Love it when a plan comes together! Sold a few of my calls for 25% profit, holding the majority because I still see room to run!

22 gru 2020

Uwaga

Hoping that minute wave iv is in just shy of the 0.382.

22 gru 2020

Uwaga

Sold my calls near top of minor wave 3. Now in a minor wave 4 correction. Will look to add more calls in the box.

22 gru 2020

Uwaga

Possible shallow wave 4 with triangle correction. Added a few calls at count e.

22 gru 2020

Uwaga

LOL, nope. Original count was probably correct. I fomo-ed myself. No worries, will add a few more calls in the box.

22 gru 2020

Uwaga

May add a few more calls if we correct into this wave 2 box.

22 gru 2020

Uwaga

Just added some more 12/31 $225 calls at $5.05 near the bottom of the box. If this count invalidates (i.e., if putative micro wave 2 gets below $223.12), I'll sell for a small loss.

22 gru 2020

Uwaga

22 gru 2020

Uwaga

Invalidated. Closed. Will look for a new long call entry this week. Still MSFT in the short term.

23 gru 2020

Uwaga

Possible leading expanding triangle to kick off primary wave 3. Will look for confirmed breakout of parallel channel bull flag to add calls.