Microsoft
Below Support & Rejected Multiple Times.Extra bullish pump with the purchase that happened but with interest rates still affecting the market, I can see this falling down to retest the previous levels before the pump.
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Microsoft (NASDAQ: $MSFT): One Of Strongest Stocks In Dow 30! 💪Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions. Its Intelligent Cloud segment licenses SQL, Windows Servers, Visual Studio, System Center, and related CALs; GitHub that provides a collaboration platform and code hosting service for developers; and Azure, a cloud platform. It also offers support services and Microsoft consulting services to assist customers in developing, deploying, and managing Microsoft server and desktop solutions; and training and certification on Microsoft products. Its More Personal Computing segment provides Windows original equipment manufacturer (OEM) licensing and other non-volume licensing of the Windows operating system; Windows Commercial, such as volume licensing of the Windows operating system, Windows cloud services, and other Windows commercial offerings; patent licensing; Windows Internet of Things; and MSN advertising. It also offers Surface, PC accessories, PCs, tablets, gaming and entertainment consoles, and other devices; Gaming, including Xbox hardware, and Xbox content and services; video games and third-party video game royalties; and Search, including Bing and Microsoft advertising. It sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online stores, and retail stores. It has collaborations with Dynatrace, Inc., Morgan Stanley, Micro Focus, WPP plc, ACI Worldwide, Inc., and iCIMS, Inc., as well as strategic relationships with Avaya Holdings Corp. and wejo Limited. Microsoft Corporation was founded in 1975 and is based in Redmond, Washington.
MSFT beating analysts' expectationsAdj EPS: $2.22 vs $2.19 expected
Revenue: $49.4 billion vs $49 billion expected
Cloud: $19.05 billion vs $18.9 billion expected
Revenues for Azure, its flagship cloud offering, rose 46% from last year.
My price target fo MSFT this year is $307.
Looking forward to read your opinion about it.
Microsoft at Key SupportMicrosoft
Short Term - We look to Buy at 273.03 (stop at 269.68)
Preferred trade is to buy on dips. A higher correction is expected. Previous support located at 280.00. 280.00 continues to hold back the bears. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 302.57 and 309.50
Resistance: 300.00 / 315.00 / 350.00
Support: 280.00 / 260.00 / 250.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Might be getting ready breakoutHello Friends!
IF it breaks out of this downtrend, look for a breakout towards $300. If $300 holds, I like for it to get back into the uptrend channel.
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Microsoft in interim recovery. MSFTGoals 315, 328. Invalidation at 270.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Where to watch for Microsoft 's bounce.The tech giant is currently trading in a confirmed downtrend, which occurs when a stock consistently makes a series of lower lows and lower highs on the chart.
The lower lows indicate the bears are in control while the intermittent lower highs indicate consolidation periods. Traders can use moving averages to help identify an uptrend with descending lower timeframe moving averages (such as the eight-day or 21-day exponential moving averages) indicating the stock is in a steep shorter-term downtrend and descending longer-term moving averages (such as the 200-day simple moving average) indicating a long-term downtrend.
Bearish traders who are already holding a position in a stock can feel confident the downtrend will continue unless the stock makes a higher high. Traders looking to take a position in a stock trading in a downtrend can usually find the safest entry on the lower high.
Bullish traders can enter the trade on the lower low and exit on the lower high. These traders can also enter when the downtrend breaks and the stock makes a higher high indicating a reversal into an uptrend may be in the cards.
Microsoft reversed into a downtrend on March 29 after topping out at the $316 mark. Within the pattern, Microsoft’s most recent lower high was printed on April 4 and $315.11 and the most recent confirmed lower low was formed at the $305.54 level on April 1.
Since bouncing up to create the most recent lower high, Microsoft has suffered a steep sell-off, falling almost 10% lower to reach a low-of-day at the $285.32 mark on Monday.
The lower prices on Monday caused the eight-day exponential moving average to cross below the 21-day EMA, which is bearish. The recent sharp decline in Microsoft has also caused the 50-day simple moving average to cross below the 200-day SMA, which has caused a death cross to occur and is bearish.
If Microsoft closes the trading day near its low-of-day price it will print a bearish kicker candlestick, which could indicate lower prices will come again on Tuesday. However, if the stock is able to close the trading day above about $288, it will print a hammer candlestick on the daily cart, which could indicate the next lower low has been printed and the stock will bounce up higher on Tuesday.
Microsoft’s relative strength index is trending downward and is currently measuring in at about 39%. Although the RSI still has room to move lower before becoming oversold, the low number indicates a bounce is likely to come over the course of this week.
Microsoft has resistance above at $289.69 and $294.23 and support below at $283.11 and $276.90.
MSFT: Sell Zone is 325-330MSFT is finishing up its 4th wave pullback. Mega caps don't typically experience deep retracements, so the .382 retracement is the perfect buying zone. In the next day or two MSFT will resume its uptrend to complete its 5th wave up to the $325-$330 region. After that, MSFT will experience a 2nd wave pullback to approximately today's levels.
Microsoft Buy SetupMicrosoft - Short Term - We look to Buy at 303.35 (stop at 296.56)
We look to buy dips. Previous resistance, now becomes support at 300.00. Trading has been mixed and volatile. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 325.34 and 336.10
Resistance: 320.00 / 340.00 / 350.00
Support: 300.00 / 270.00 / 250.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MSFT: Pain this weekMSFT is finishing up a W-3. It may open slightly higher tomorrow morning and reach the 1.618 fibonacci extension, but the sell-off will definitely start tomorrow. I will be selling covered calls against my shares to protect against downside. Also, bearish divergences evident in MACD and RSI.
Microsoft Trend Briefing - 24th March. 2022When looking at a combination of indicators on the 15-minutes chart that best represents Microsoft's recent volatility, A kind of resistance line was found. When examining the minimum threshold for MACD and RSI, it shows strong support at the $271 level. Using the red line as a stepping stone, stock prices are currently active around the yellow line at the $288.
Parabolic PauseThese are runs for Mastercard and Microsoft
Both of them are massive parabolas
During times of intense bull markets, price has to pull back occasionally and this is what we get.
These pause are often sharp/rounded and quick down moves followed by a quick reversal
It is very surprising how far these parabolic structures can grow
Monthly and Weekly timeframe respectively
MSFT. Weekly Chart. Some thoughts! Good morning! Let's observe MICROSOFT. S
1. One of the headliners of the 99-00 dotcom boom, Microsoft, was in a corrective movement (re-accumulation) from 2000 to 2012. Pretty long time, isn't it? Now it is clear where such an "eternal" parabola comes from.
2. In 2012, we saw breakout from the re-accumulation range and backing up actions (tests of the former resistance line)
3. A slow, calm growth began in the channel, where the resistance and support lines worked perfectly (uplsloping mark-up chanel)
4. We saw an exit from it in 2017, a couple of BU actions in 2018.
5. Next, there was growth in the channel (momentum increased). The support and resistance lines worked perfectly again.
6. October 2021. We made HL and began to grow (a new swing of buyers). At that time we were waiting for the breakout from the channel (result of the HL). It seemed like we were leaving chanel and this was it, lets just count pnf chart but we accidentally got declined. We were quickly returned from the overbought coindition to the channel, and for the first time in a very long time, we made LL. The trend is fading... We are expecting rotation.
7. The most interesting thing, what's next? Recently we have seen a good demand came in, but so far we cannot hold the support line of this channel.
There are several outcomes:
A.First scenario We will try to return in a chanel but bulls rally will be so weak that we ll have another decline at 300$ and then we can easily go to test zone of $ 230-240 per share.
B.The second is that demand is working (good demand tales, local shortening of thrust, the Fed raises the rate only by 0.25, not 0.5) and we ll see a new rally of bulls, it can reach Ath (ST), make UT action , or finish at the 0.5 - 0.618 zone (LH) but in all three outcomes we will not be thinking: "yeah, thats enough cause to see breakout and expanding of the momentum, that is a true phase D" unless some tests (hl), breakout and bu action.
C. The third is true bo ath level at great momentum , retest of the resistance line (bu) and upsloping consolidation at this level.
8. Then, from the 230-240 zone, it is obvious to expect a new bulls rally that will try to test previous demand line of the channel (second point of excitement). Here a lot of people will believe that the MSFT will reach 500$ and this is a new growth cycle, but we will not hurry, we will observe. It is very realistic to reach the minimum of March 2020, capture liquidity, or even test that channel (from 2012 to 2017).
We expect good POE at these levels.
Apple struggling to maintain the uptrendLike many tech stocks, NASDAQ:AAPL is flirting with the idea of breaking down. The stock hasn't made a move up in a while, although it traded above the 40EMA for a while compared to its peers like NASDAQ:AMZN & NASDAQ:FB . Last Friday is closed at the 40EMA level, this is a key support level that must hold if the stock want to continue to be in an uptrend. The small consolidation, or better, distribution, above this level paints a grim picture.
Few of our long trades failed in the past few weeks, we chose to stay on the side until a clear direction is taken, for long position that would be a close above $183. Given tech weakness, and now Shenzhen challenges, we wouldn't be surprised if the 40EMA fails and the stock trade lower. That would be bad news for TVC:NDQ as NASDAQ:AAPL , NASDAQ:MSFT & NASDAQ:GOOG were among the few tech stocks that still traded above the 40EMA level. Interesting week ahead, keeping an eye on these names.