CHART OF THE DAY: Manage Microsoft With Our Risk Ranges

Microsoft (MSFT) pre-earnings tonight:

A) MSFT’s refreshed Risk Range™ Signal = 413-450
B) MSFT already broke immediate-term TRADE Signal Support of 444
C) MSFT already broke intermediate-term TREND Signal Support of 434

So, if you’re loaded to the gills Long MSFT purely on your “fundamental long-term view”, that’s fine, but it’s suddenly not working. Remember, risk happens slowly, then all at once.