Thought on MSFT
On H4, with the price moving within the descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 236.25, which is in line with the 78.6% fibonacci projection to the take profit at 208.8, where the 78.6% fibonacci projection is. Alternatively, the price may rise to the stop loss at 252.14, which is in line with the 23.6% fibonacci retracement .
![Thought on MSFT](https://sgsnsimg.moomoo.com/101563927/editor_image/242c0dc4eb9139b09c075dc389c5b20f.png/bigmoo)
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