New Stock Idea on MSFT 10-1-18

Reminder, please read the value-added documents at the bottom of your member area.

Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.

10/1:  MSFT – Over $115.49, consider buying one-half lot of stock.  Breakout from bullish 4-day consolidation in top half of Bullish Engulfing Range Expansion bar above r20-MA on the daily, bullish weekly and monthly.  Stop Loss:  $114.97.  Can buy other half-lot into close if closes strong in upper 80% of day’s range.