Microsoft
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.
Bullish CHarts - Undervalued, $1.1 B in Sales, 97.3K New UsersEndurance International Group Holdings, Inc., together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites. The company also provides email marketing solutions that enable subscribers to communicate with their customers and potential customers through email; products that enables subscribers to sell their products and services online, including secure and encrypted payments, shopping carts, inventory management, online marketplace listing solutions, payment processing and related services, and mobile payments; and search engine optimization and marketing solutions. In addition, it offers solutions that allow subscribers to have their Websites and email marketing campaigns rendered on mobile devices; tools and services that enable subscribers to communicate with their customers and potential customers through social networks; business productivity tools that include professional email, word processing and presentation software, online storage, shared calendars, and video meetings; control panels and dashboards that offer subscribers with tools to analyze activity on their Websites; and professional services, including Website design, marketing, social media management, and Website migration services. The company was founded in 1997 and is headquartered in Burlington, Massachusetts.
Many traders may not realize, this company owns some prominent & well known assets including CONSTANT CONTACT, BLUEHOST, HOSTGATOR & DOMAIN.COM among others.
Many of these services we all use on a daily basis.
On 07/14/20, Endurance announced Prelim. Q2 Sales of $274 Million, Net Subscriber Additions of 97,3K, and FY20 Sales of $1.1 BILLION
On 07/15/20, Credit Suisse Lifted the price target on Endurance to $9.00 - (I think this is very conservative especially after seeing the assets the company owns)
The Daily Chart looks BULLISH
50-Day MA is about to cross up and over the 200-Day MA, BULLSIH
Volume is Green, Bullish
PMO is Bullish
MACD is Bullish
RSI is Bullish
Stochastic is Bullish
OBV is Bullish
Accumulation is Bullish
Folks, if you look back at our previous research picks, we've made a lot of great calls. Look at APT, WRTC & SPCE today, to name a few. We think this stock is worth at minimum, $15 to $20 a share after looking at the assets they own.
We think the assets are worth more than the stock price right now. CONSTANT CONTACT, BLUEHOST & HOSTGATOR are very well known in the technology industry.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Is it possible? *just a idea* $197???i know the RSI is low but we are still below o.oo on the macd hasnt quite made a turn up. I dont know, i have lost and made money, its a tough short but when do you really get in to the long postion? its a question we all have, but we will see, thats just the 1hr chart, make a judgement based on what you see, *just a idea*
MICROSOFTThese are my thoughts on MSFT. They are meant to give you an idea, not trading advice.
Microsoft hitting resistance on a 6 month time frame.
Will it cool off here and retrace, or is this going to shoot for the stars.
These are 6 month candles, so it will be interesting to see what it will do in the long term.
I placed a bubble pattern on top of it to see what it "could" do if it blows out of proportion. This would mean it could hit 1K by the end of this year.
Please be careful, as the market never gives you certainties, only probabilities!
ALWAYS REMEMBER THIS WHEN YOU TRADE
MSFT 220$MSFT made another ATH today. I have a 220 price target on MSFT. I know the drawings aren't the best but they look the same. A little overbought but not worried. Closed today at 208. Support is at 208. Looking strong but can see some pullback. Might see it push all time highs again tomorrow (July 8th). Will pick up calls again for 220. MSFT will beat earnings so I am pretty confident in this company.
Bullish Charts - Golden Cross Soon, Possible BuyoutMicron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU). The Compute and Networking Business Unit segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The Mobile Business Unit segment offers memory products sold into smartphone, and other mobile-device markets. The Storage Business Unit segment comprises of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer solid-state drive (SSD) markets, other discrete storage products sold in component and wafer forms to the removable storage markets, and sales of 3D XPoint memory. The Embedded Business Unit segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph L. Parkinson, Dennis Wilson, and Doug Pitman in October 1978 and is headquartered in Boise, ID.
At current levels, I feel Micron is undervalued and unappreciated.
There are not many devices in the technology industry that do not need memory and storage. Micron can supply the memory and storage from electric vehicles to computers and spaceships to airplanes. Almost everything today needs memory including appliances and smart homes.
Micron just posted earnings and they blew past Wall Street estimates and then the company raised guidance and forecast higher earnings and revenue moving forward.
Currently, on the Daily Chart, the following indicators are Bullish...
Volume, Bullish
MACD, Bullish
RSI, Bullish
Accumulation, Bullish
Sector, Bullish
PMO is turning up, Bullish
On June 30, the 50-Day MA crossed up above the 100-Day MA, Bullish
As of today, the 50-Day MA is less than a point away from crossing up above the 200-Day MA, Bullish
Here are the indicators...
6-Jul-20 50.92
▲ Mon MU New York
6-Jul-20
50.92 Bullish Kijun Sen Cross Strong
27-May-20
49.45 Bullish Kumo Breakout
26-May-20
45.80 Bullish Chikou Span Cross
4-May-20
44.46 Bullish Senkou Span Cross
In my opinion, I think Micron is the best play in town and I also think it's a buyout target. If I were the CEO of Microsoft or another large tech giant like Apple, I wouldn't even think twice about trying to buyout Micron because down the road, everything will need memory and storage to operate.
If Micron is bought, I think the buyout would be upwards of $120 per share.
This was from 2016 and in my opinion, Micron looks better now than ever before... If it looked good in 2016, it looks amazing now!
Chipmaker Micron Gains with Speculation It's a Takeover Target
www.industryweek.com
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Microsoft Vs other major asset classesThe chart depicts the percentage rise in value of Microsoft Shares vs. other major assets like Gold, Silver, Platinum, Palladium, Barrack Gold that are generally considered to be safe heavens. There is a reason why investors do not go all out into these safe heaven. The questions is this: Is it time to put your money into Microsoft and Tesla or should we wait now. Have we missed out the train? Has the era of Technology about to end like the dot com bubble?
Bullish Charts - Golden Cross, Facebook Shuts Down HobbiPinterest, Inc. provides visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, home and style ideas, travel destinations, and others. It shows them visual recommendations based on people personal taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was founded in 2008 and is headquartered in San Francisco, California.
On 07/01/20, news hit the wires that said Facebook confirmed it was shutting down its rival website / app Hobbi leaving Pinterest with great potential & almost no competition.
With Short Sellers controlling around 5.54% of the stock, and the news that Facebook is shutting down its rival app, I think this stock could easily run and possibly double in price.
Daily Chart is Bullish
The 50-Day MA just crossed up above the 200-Day MA
Volume, MACD, RSI, Stochastic and Accumulation are all Bullish
The Cloud is Bullish - Indicators listed below.
12-Jun-20
20.89 Bullish Chikou Span Cross Strong
29-May-20
20.29 Bullish Tenkan/Kijun Cross Strong
26-May-20
19.50 Bullish Kijun Sen Cross Strong
26-May-20
19.50 Bullish Kumo Breakout
27-Apr-20
20.78 Bullish Senkou Span Cross Strong
PINS could be the only play in town for what it has and does.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.