Microsoft updateThe right shoulder finally finished. Now testing the trend line. Hold the shorts and wait to add on the retest of the green buy zone as we pullback and sell more at the high of the pullback.
Shares across the board start showing reverse patterns on daily and weekly time frame. Could indicate that the recent indices rally won't last and will reverse soon.
Good Luck!
Microsoft
Downside Risk For Microsoft Is AstronomicalMSFT is one of the only tech stocks that has made a significant higher high since the December 2018 selloff. I posted a short trade setup back then, suggesting that it would be unwise to short until the recent low was breached. Indeed, MSFT defied my original expectations and headed up, even breaking new highs. Due to this, it is one of the assets that is furthest away from its parabolic trendline on the linear chart. You can see Netflix very close to breaking down right now:
On the logarithmic chart for MSFT, we can see that it has held a parabolic trendline (purple) since its inception! That's CRAZY.
Here's where it is currently (right in the 118 area):
If the stock market continues its slide, I think we can expect Microsoft to at least test its own uptrend line again. If that breaks, I think it will likely enter free-fall mode. I have the opinion that most equities are not truly valued much above 2008 levels. This means that many could retrace the entirety of their gains from the last 10-15 years. The lowest bearish targets may not be reached, but they remain a distinct possibility, and I think investors should prepare for this scenario. If we do finally see some major breakdowns, I'd like to observe the market's reaction at higher support levels before blindly assuming further downside. Supports are outlined on the above chart.
This is not financial advice! Purely my opinion and should be only used for educational/entertainment purposes.
-Victor Cobra
$MSFT in a huge ascending wedgeThis has been a pattern playing out for the entire year of 2019, and looks like in the next week or two it could start playing out. IF this happens and we see sub $120 prices no problem. Also, take into consideration that there's a bearish divergence on the RSI, higher highs in prices but lower highs on the indicator.
#MSFT Microsoft, are you buying? I don'tThe last Earning Report was successful and surprising because they bit the forecast by 0.50. The stock is up 36% YTD, but while the markets are shaken by idiosyncratic and systematic risk, Microsoft is trying to bring the chipmaker NVDA technology to give Minecraft a graphic overhaul. Well, I don't play Minecraft but my 8-year old son loves it, so he's going to be my advisor this time. What does he say? "Cool, that would be great, however, it's not possible to see good results in the near term because usually, the graphics depend on the computer you're working with. In case if I want better graphics, I can always get some new texture packs".
Learn how to beat the market as Professional Trader with a Prop Trader!
Last 5 seats, Be part of an Elite Trading Group.
Have a Nice Trading Week!
Cream Live Trading, Best Regards!
Microsoft head and shoulders patternChart analysis shows H&S pattern forming with divergence on both MACD and RSI. MPO target $120 support area and 200SMA on a daily chart (see in comments). First needs a good break through the trend line and 200SMA, quite strong support area around $130 level. If the market sell off continues next week, it could be the trigger for the pattern.
On the fundamental side major banks and investment funds see the stock as 'neutral-buy' and split price targets ranging from $115 to $160. Good Luck!
Microsoft Pulling BackLast post: July 28th 2019. See chart .
Review: Price was in a nice uptrend.
Update: Price is currently pulling back. Price may come down to reach the 50 simple moving average.
Conclusion: A break of the previous high will confirm a continuation to the upside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Microsoft Moving UpLast post: July 28th 2019. See chart .
Review: Price was trading well to the upside.
Update: Price is continuing to trend nicely.
Conclusion: We want to see price continue to create higher highs and higher lows.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Microsoft Trending WellLast post: May 20th 2019. See chart .
Review: Price was trading below the resistance level.
Update: Price is now comfortably trading higher than the resistance level.
Conclusion: As long as price continues to create higher highs and higher lows, this stock should continue to trend well.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Adaptive Biotechnology (MSFT & Genentech partner)"Microsoft and Adaptive Biotechnologies announce partnership using AI to decode immune system; diagnose, treat disease"
They also have a partnership with Genentech (January 2019)
ADPT - Adaptive Biotechnology
IPO: June 27th 2019 - open @$39 (above current price)
Vision: We aim to improve people’s lives by translating the scale and precision of their adaptive immune systems into products to help diagnose, treat, and monitor disease.
Great risk reward with an entry right now. If we break the IPO low @36.2, I would recommend exiting part of your position.
Happy trading!
dorfmanmaster
P.S:
I think this is a short-term, not to mention long-term good investment.
I recommend looking for their research on cellular therapy.
$MSFT - Store of Value. $MSFT is the stock for conservative investor, you can buy right now and forget about this sweet share for a long time, or buy some shares(and $btc too) for your children, they will very thankful for that.
Buy/Add more position when the price around EMA 20&50 lines, low risk/good reward.
Pattern: Uptrend Channel.
Support: 20&50&100&200 EMA lines.
Microsoft supports crypto ;)
No TP or SL.
GL.
Microsoft Post Bullish Flag BreakoutOn our analysis on the 17.04 we indicated a bullish flag as prices bounced off the long term downtrend line from the beginning of Oct 18. Therefore we expected Microsoft to continue it's uptrend which effectively it has as prices are above the Ichimoku cloud and the RSI and Stochastic indicators are not signalling the stock is overbought. Consequently we maintain our long position in particular due to the recent positive earnings results and expected further growth in the company's cloud and gaming businesses.
Will Microsoft Break ResistanceLast post: April 22nd 2019. See chart .
Review: Price had broken through a previous level of resistance.
Update: Price is currently approaching another resistance level.
Conclusion: If price can break through, then we should see further strength to the upside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
MSFT is going higherHi there! For those who’ve seen Microsoft for a several years now knows what’s a bull run is, how it crushes large cap companies to dust and how they all regain their status once market stabilizes at every level. This BULLRUN will continue for a long time, the fact that MSFT is interested in crypto will bring a new investors on the board so it is still not too late to trade this amazing stock.
+ support from 20 & 50 EMA