Long position here from technicals:

  1. I was already in Microsoft on its recent decline, using this as an opportunity to DCA in lower.

  2. Weekly technical support at $393, uptrend from November 2022 tagged

  3. Tagged a Fibonacci level of 0.786

  4. Mag Seven stock, super defendable

  5. RSI is 29

  6. Entry: $388 (brings average to $399)

  7. Exit: $442 at gap fill, stop loss $363.

  8. RR: 1.2

  9. 6% of portfolio

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