Microsoft MSFT is at a strong support - going up from hereMicrosoft MSFT is at a strong longterm 3/1 gannfan support that lines up with the 200sma atm. On shorter term timeframes it made a bullish structure by making higher lows (ascending triangle) and now the next target to break and retest will be the 50sma that will line up with the middle ganfan line between the 2/1 and 3/1 one. Overall we going to continue going up until the 2/1 top gannfan line which will slightly make higher all-time highs at around 249$ price levels
Microsoft
GOOD STRADDLE OPORTUNITYAfter the fall of these last weeks (fall that has occurred in all markets, not in Microsoft exclusively), a rejection at lower prices appears again (the last arrow), prices that have already been tested (in the first arrow)
Is this a double bottom pattern or is it in range?
I would say that it is a semi-range with greatly bullish connotations, personally I would open a bullish ratio straddle 2: 1
Microsoft found a strong support level and is going to reverseMicrosoft has found a double bot on the 200 ma and the 8/1 gann fan line and is now going to continue its way up until 1.618($254) level with some stops inbetween on the 2/1 gann fann line that will be the 0.618 fib level. A strong momentum shift around those strong support levels
MSFT LONG SET UP (MICROSOFT CORP.)TITLE/(DATE)- BUY MSFT/USD
ASSET- STOCK
PLATFORM-MT4
ORDER TYPE- BUY Market
Time Frame-4hr
ENTRY PRICE 1- $206.50✅ market
ENTRY 2- $202.50 pending
STOP LOSS- $199.50 (70 PIPs)
TAKE PROFIT 1-$213.50 (70PIPS)
TAKE PROFIT 2- $220.50(140 PIPS)
TAKE PROFIT 3- $227.50 (210 PIPS)
TAKE PROFIT 4- $234.50 (280 PIPS)
TAKE PROFIT 5- $241.50 (350 PIPS)
STATUS:🏃🏽♂️RUNNING 🏃🏽♂️
MSFT - buy support zones analysisHello traders,
Description of the analysis:
Microsoft ( MSFT ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
MICROSOFT BREAKOUT LONG|TRADING PLAN|OPTION CHAIN|
The child of Bill Gates has no limits and has been a rocket lately, leaving the pre-covid all time high far behind.
At a closer look, the stock is moving in an upward diagonal channel, and has formed a bullish flag/triangle.
It seems like the Microsoft train is still full of steam, and therefore, our target trade is a long.
TRADING PLAN:
1- one might be going long inside the trading session in the hope of the speedy breakout(not overnight, as the stock might gap down and wipe out your entire deposit as the stop loss orders won't work till the opening of the trading session)
2-one might wait for the confirmed breakout, and then go long after pullback(safe option)
3-one might wanna play this with call options.
The option chain now looks like this:
August 28 expiration:( 3 trading sessions) |September 4 expiration(7 trading sessions+weekend gap) |September 11(12 trading sessions+2 weekend gaps)
strike 1= 220.00=1.03 usd =2.64usd =3,7usd
strike 2=222.5=0,5 usd =1.9usd =2,94usd
The 0,5 usd 3 seession gamble actually looks pretty good.
7 session 2.64 seems like a reliable option, if you believe in the breakout, but the risk reward is lower. One might wanna wait if the price drops a bit, within the triangle and then buy the calls, but you risk missing the breakout.
Thats about it, on Microsoft for today, thank you for reading, like and subscribe and have a nice day!
Microsoft Clearing Resistance Levels With EaseMicrosoft is looking strong and another stock that has performed well following the global pandemic
is Apple. Tech stocks, in general, have seen great results which is also evident by glancing at the Nasdaq Index.
Due to the fact that many people are working from home, it is no surprise that this sector has seen staggering
growth in a short period of time.
In the late stages of June, price smashed straight through the $200 round number, but in July price used that
level as support and is where price formed a base. Momentum started to build and we can see that the buyers
were eventually able to push price higher to eventually create new all-time highs.
This stock has a history of good long-term trends, and we may well see one in play right now. We can never
predict how long a trend will go on for but we must take advantage of the high probability trends that present
themselves to us.
As price broke out earlier this week, we should see this stock continue to fly.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Microsoft has a lot of bullish tells, but the pattern is bearishBullish headlines, and favorable monetary policy mean that MSFT has a lot going for it right now. That and the company has incredible financials.
The pattern however is something to keep an eye on: the infamous rising wedge pattern.
This pattern may get bearish rapidly. We need to keep an eye on volume. If volume starts to rise higher than the average negatively and daily support breaks with higher than usual volume we may interpret this as bearish, and a potential topping point.
MSFT Existing Long PositionAs Major Techs like AMZN and MSFT are still leading the charge as the NDX move towards wave 3. MSFT rally on-going targeting the 276 wave (5) suggesting a terminal move into wave (5) supporting our thesis that the bull is still in control and we will be riding this existing long position on MSFT into wave (5).