Microsoft
Microsoft - MSFT Technical AnalysisBased on Technical analysis, the idea is to go long for a long term investment.
The market is bullish, confirmed also from the Exponential Moving Average. The trendline has been broken showing a signal of weakness of the market and the wisest option at the moment is to wait the end of this price retracement before buying for a long term investment.
Options:
1. Short term - go short - too Risky
2. Long term - go long - but wait the end of the price retracement.
Fundamental Analysis:
Trump says he will ban TikTok through executive action as soon as Saturday
Trump’s comments come as it was reported Friday that Microsoft has held talks to buy the TikTok video-sharing mobile app from Chinese owner ByteDance.
Microsoft Hitting Major Channel Resistance. (MSFT)We all know if you go back in time till now on Microsoft it has an insane parabolic curve.
I currently have a channel drawn out between the two lines.
Arrows and red line is Resistance.
Green line is support.
We are seeing the overall trend from the last impulse hit the top level of Resistance in the channel, where we have seen previous good size selloffs occur at.
The ema dots are all red and the custom rsi has already dropped off.
I'm in favor of a short up here at this top level of range.
I think it would be healthy to see a pullback here.
Microsoft: Rebound on the 1D MA50. Targeting $217-230.MSFT made a (near) rebound on the 1D MA50. Even though the 1D chart is technically neutral mostly (RSI = 49.013, MACD = 2.140, ADX = 33.401), the RSI is providing the first strong Buy Signal since March, as it entered the 41.50 - 48.00 Buy Zone. That was a strong accumulation region from August 2019 to October 2019, so even though the price may drop some more and touch the 1D MA50, we take this as a strong buy opportunity.
We aim at the completion of a +40% extension from the last time the price made contact with the 1D MA50 (early April 2020), and set our Target Zone at 217 - 230.
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$MSFT has peaked$MSFT reached the high and a top of the steep resistance line 218 then fiercely broke the rising trendline and triangle consolidation making a strong case for the downside reversal sand a test of 190 for a complete breakout. Remember losing strength here is not a good sign for bulls as well as this selling pressure and rejection.
[$WAVES] Do you wanna ride the Waves with me ? Version Francaise & English Version below
Version Francaise
Bonjour à tous,
Aujourd'hui, je vous propose un éclairage sur le projet Waves
Waves est une plateforme de blockchain que vous pouvez utiliser pour créer votre propre jeton personnalisé. Selon leur site Web, vous pouvez créer votre propre jeton en une minute seulement. Waves comprend également un échange décentralisé, DEX, dans lequel vous pouvez échanger votre pièce nouvellement créée dans une paire de négociation avec n'importe quel autre jeton Waves.
Récemment, Waves a conclu un partenariat avec Microsoft pour baser leur blockchain sur Azure ( azure.microsoft.com)
D'un point de vue technique, en 3 Jours, nous avons un set up interessant puisque le prix est sortie d'une structure d'accumulation avec un volume important et le prix s'établit au dessus du nuage d'Ichimoku ( la lagging span est à surveiller car en cours de passer la précédente figure de consolidation ( triangle). Une cloture au dessus serait un signal d'achat fort.
Les différents niveaux de surveillance sont notés sur le chart.
Comme toujours, on reste prudent puisque nous venons de butter à deux reprises sur la résistances 3 Jours.
Stay Safe, Trade Safe,
PEACE
---
English Version
Good morning, everyone,
Today, I'd like to shed some light on the Waves project...
Waves is a blockchain platform that you can use to create your own custom token. According to their website, you can create your own token in just one minute. Waves also includes a decentralized exchange, DEX, in which you can exchange your newly created coin in a trading pair with any other Waves token.
Recently, Waves has partnered with Microsoft to base their blockchain on Azure ( azure.microsoft.com ).
From a technical point of view, in 3 Days, we have an interesting set up since the price has broken out of an accumulation structure with a large volume and the price is established above the Ichimoku cloud (the lagging span is to be watched because in the process of passing the previous consolidation figure (triangle). A closing above would be a strong buying signal.
The different levels of monitoring are noted on the chart.
As always, we remain cautious since we have just hit the 3 Days resistance twice.
Stay Safe, Trade Safe,
PEACE
MSFT - EARNINGS...!Microsoft - MSFT - Earnings.
We have earnings this week, had a beautiful bullish channel will we break to the lower time down or continue the bullish momentum...It's at an interesting area on a technical view as well.
Add alerts, take which ever price action takes you.
Remember: Just a trade idea, not a recommendation.
All the best.
Looking Good ***IDEA***Microsoft Is looking to make a move this week, Its in the bottom of the regression trend and in its 204 - 202 support zone, looking to see the move to around 208, earning i believe will be good, i mean come on its microsoft... but looking good on the macd, Rsi is low and stoch rsi made the turn up. Lets see what happens. This is kind of a continuation of my idea from last week. *JUST A IDEA* Looking for move up to $220!!! Fingers Crossed!
MSFT Earnings Expected Move (Iron Condor Inside)MSFT's earnings announcement is on Wednesday, July 22 AMC.
Based on an analysis of the previous earnings move, the expected move for the upcoming earnings (from MarketChameleon), and by considering some major support points on the daily chart, my expected move for the upcoming earnings is between $190.91 and $214.85.
For earnings plays, I like to play Iron Condors for credit and I always enter the trade 1-2 hours before earnings. Since MSFT's earnings will be on Wednesday, July 22 (After Market Close), I will enter a trade on Wednesday 1-2 hours before market close (IV at its peak), and I intend to close this trade on Thursday at market open (IV crush).
My tentative Iron Condor (L185P, S190P, S220C, L225C) - This can change by Wednesday based on the stock movement until then.
Max Profit: $97
Max Loss: $403
As you can see, this trade is low delta, high probability to expire OTM, low profit, but safe.