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.
Microsoft
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
Microsoft Corp (MSFT) $130.00 >>> $126.10 (Profit:Risk=2:1)NASDAQ:MSFT
Microsoft Corp
Information:
Our figure is a divergent moving triangle less common.
In coming days, I expect a correction on the shares of Microsoft Corp. S&P 500 also looks at correction.
About stop loss:
Stop loss 1.50%
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Sell Limit = $130.00
Take Profit = $126.10
Stop Loss = $131.92
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Profit:Risk = 2 : 1
Profit:Risk = +3.00% : -1.50%
MICROSOFT CORPORATION (MSFT) MONTHLY LONGWell, Microsoft Corporation (MSFT) just made it to the $1 trillion dollar mark. And it happens to be worth more than two times of Belgium's GDP. It also happens to be worth more than Appe and Amazon. What a day for them. Well as an investor, you would not want to buy the tops if there are not signs of a continuation. What's worse is that the price is making a parabolic move, reminiscent of Bitcoin. Well i don't think this is a bubble, or that there will be a sharp retracement, but i do expect some form of retracement and new players can buy after this retracement is finished. If the share price does not retrace, you could look at buying a breakout of a certain price level. Today i am not going deeper into technical analysis, but simply reflecting on this milestone. Toast to the equity market.
Microsoft after earnings, shall we go short?The price broke both the 2DS and 3DS Bollinger bands, is this area (after 3DS) the price stays for less than 2% of the time. This may suggest that the price could tend to come back to the median (121$ at the moment) and "release some stress".
The RSI is also over 80, well inside the overbought zone, which also indicates a possible reversal of the trend.
The title is at an all time high, changes are that we could see a retracement.
Strategy for STOCK TRADERS
For these reasons, I would suggest selling the stock with a Stop Loss @ 130-135 (depending on your risk appetite) and a TP @ 115, level of support - resistance in previous trading sessions (Having the 135-115 would give you a 2.22 R/R).
Strategy for OPTION TRADERS
If you are an option seller, I would sell a 135 Call. If you want to cover it, buy a 140-145 Call.
If you want to make a short strangle, do the sell 135 Call and sell 115 Put.
If you want to make an short Iron Condor; do 135-140 and 115-110.
Microsoft performing well with anticipated next-gen X-boxLast post: April 3rd 2019. See chart .
Review: Price was moving towards a resistance level.
Update: Price has managed to break out of the resistance level, creating new all-time highs.
Conclusion: Now that price has broken out, we should see a continuation of the uptrend.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Microsoft Bullish Flag Breakout We see that Microsoft had formed a bullish flag due to profit taking resulting in lower prices as traders sell the stock. However prices broke out of the bullish flag as prices bounced off the long term downtrend line from the beginning of Oct 18. Therefore we expect Microsoft to continue it's uptrend so we remain long the stock and await the earnings announcement on the 24th of April.
Microsoft Testing Major SupportLast post: March 14th 2019. See chart .
Review: Price was approaching a major resistance level.
Update: Price has since broken through the major resistance level and now using that level as support.
Conclusion: We have to wait and see if price will break above the previous high to confirm a continuation of the previous uptrend.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
MICROSOFT - BLUE STOCK OF DEATH INCOMING :(We are slowly in the end zone of the ABC retracement up.
Currently we are undergoing the C wave, within that we have 5 waves.
There is two bearish scenariosus here: While the 3rd wave didnt go above the 1.618 we could think that the 5th wave could be extended to 2.618 (120 USD)
We could also drop here from the 2. to 2.272 extension. due to the RSI making 4 double tops on the 4H, which i would say is the most likely scenario.
note: The red box is the sell area.
Take profit for this short term short would be at 106 USD, if it breaks that we would go to 98,5 USD next.
Microsoft On The Verge Of Breaking OutThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is approaching a major area of resistance
Conclusion: If price manages to break and close above resistance, we may see a big trend unfold 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 Reaches My Double Top Target...Now What? Just a brief analysis. There is a possibility that the market will rally higher and that we will see a blow off top, but the DJI has found pretty substantial resistance again above 26000 so we may be about to see the true initial drop of an incoming recession. The December drop was merely the start, and subsequent rally was constructed so that people have another chance to protect their capital.
In my last MSFT chart, I suggested there was a possibility for a double top if the recent low couldn't be taken out by the bears. I provided the target for this second top (somewhere in the 110-112 area). If we are to follow this setup, we should see a big drop soon. However, if we build support here and move higher, this idea will be invalidated. Looking at the log chart, once the purple uptrend is broken, we will probably see a much deeper selloff. As you can see, there are some fairly low targets.
Things don't necessarily have to play out this way, but I think we need to see some growth slow down, so we can deal with bigger issues as a society (like the environment, for instance).
Not financial advice. This is my opinion based on what I'm seeing in the market.
Link to previous MSFT analysis at bottom.
-Victor Cobra