Where will MSFT go next? Just having fun......
First time publisher and amateur trader..........
Its time for MSFT earnings and with the combination of inflation, global economies, ongoing wars, food shortages, recession fears, supply chain issues, new Covid mutants, and regular old P/E predictabilities, it seems like a crazy and unpredictable market, HOWEVER, its fun to play and pretend like I can guess price movement, so I decided to publish my first Idea about MSFT. Any comments or advice is welcome in good taste.
Lets pretend for a moment that we did hit some sort of bottom recently............
No Crystal Ball Here!
MSFT seems like they are distanced enough from the social media AD pressure + have enough diversity with Azure to dodge the computer sales impacts, BUT I think that the next big price movements will rely on good earnings with positive forecast (obviously). The 10:1 volume for buying last weekwas especially reassuring and I think MSFT will remain in an uptrend for the next couple of weeks. We are right at the 200 day moving average. There is
good resistance at $250 and $255 and I think that MSFT will try hard to stay above $250 no matter what. Part of BIG TECH, found in VALUE Etfs, doesn't
rely on advertising, and also has a near 1% DIVIDEND. I love MSFT these are my personal ideas.
These are just ideas and not professional advice or anything related to advice.
Safe trading.
Its time for MSFT earnings and with the combination of inflation, global economies, ongoing wars, food shortages, recession fears, supply chain issues, new Covid mutants, and regular old P/E predictabilities, it seems like a crazy and unpredictable market, HOWEVER, its fun to play and pretend like I can guess price movement, so I decided to publish my first Idea about MSFT. Any comments or advice is welcome in good taste.
Lets pretend for a moment that we did hit some sort of bottom recently............
No Crystal Ball Here!
MSFT seems like they are distanced enough from the social media AD pressure + have enough diversity with Azure to dodge the computer sales impacts, BUT I think that the next big price movements will rely on good earnings with positive forecast (obviously). The 10:1 volume for buying last weekwas especially reassuring and I think MSFT will remain in an uptrend for the next couple of weeks. We are right at the 200 day moving average. There is
good resistance at $250 and $255 and I think that MSFT will try hard to stay above $250 no matter what. Part of BIG TECH, found in VALUE Etfs, doesn't
rely on advertising, and also has a near 1% DIVIDEND. I love MSFT these are my personal ideas.
These are just ideas and not professional advice or anything related to advice.
Safe trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.