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$MSFT is a good reminder that a strong company doesn’t always mean a good entry.



I’m watching price structure first. If buyers can push through resistance and hold above it, that would give me more confidence.

Until then, patience makes more sense to me.

Would you wait for confirmation or take an early position?

#StockTradingShareChallenge #MSFT
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Comment 4
EulerEuler
Wait for confirmation; good companies won’t fly away in a day.
NftInteractor
Those who wait for confirmation will never buy the bottom, but can avoid many false breakouts; those who enter early earn a risk premium—how much drawdown can you withstand?
DonchianParade
I usually wait for it to hold above the level at the close before taking action. Intraday breakouts are too prone to fakeouts, especially with large-cap stocks like MSFT.
CurveArtist
The price structure comes first: enter only after breaking above the previous high and holding on the retest; otherwise, even the best company can trap investors.