Trade Setups in Microsoft and Tesla

We're in a harder spot than trend-trading.

Author

Danny Riley
June 27, 2023

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There are potentially more rewarding areas to buy MSFT and TSLA. However, these trends have been incredibly strong and those who remain bullish on this group will likely be stepping at the first real area of potential support.

We’re undergoing a choppier, larger correction, which tends to be harder to trade than when the trend is defined and strong. We’re not in a bad environment, just one where I’d say discipline and position sizing is very key.

If need be, feel free to freshen up on position sizing (and use the position calculator we built).

MSFT

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