MSFT - Buy and Hold !

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Good afternoon fellow investors, again we are taking a look at Microsoft. MSFT

The last CFD entry didn't work out like i expected, because of this decided to place a buy and hold order.
It seems like we formed two solid 1-2 structures and just now we touched the 0.618 retracement.

The RSI also shows no sign of a oversold/overbought situation which i judge as "neutral".
Microsoft has massive potential and prices of 250$ or even 300$ aren't unrealistic.
I don't want to miss out on this train and decided to go long immediately.

Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss.

Current setup:

Entry: 210.99$
Profit target: 250$ and more !
Stop-Loss: None - Buy and hold

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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.

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تم فتح الصفقة

Open as described - this is meant to be a longterm investment