Microsoft
Microsoft Is in a Channel!NASDAQ:MSFT is in a channel flow since October 2016. While it is not the most definite bear and bull run there are key points that MSFT will hit. Today it is hitting a key spot of a potential resistance line that stretches back to December 2016. If the stock follows this trend it will follow this ceiling for a day or two. With potential gains after it reaches next Monday when it starts to rebound. Check it out!
Balanced in range, but downside risks in forceNo real change in the Facebook monthly charts, as prices continue to consolidate the sharp fall from the October highs.
One interesting development, however, is the deterioration in price action relative to the S&P500 Index. If this deterioration continues, asset managers will likely be forced to reduce Facebook exposure, and move into more compelling names.
Is Microsoft a viable alternative?
MICROSOFT STOCK PREDICTIONS FOR 2016 AND 20172016/11/18. Microsoft stock forecast for next months and years.
Microsoft stock price predictions for November 2016.
The forecast for beginning of November 58. Maximum value 61, while minimum 54. Averaged Microsoft stock price for month 58. Price at the end 57, change for November -1.72%.
Microsoft stock predictions for December 2016.
The forecast for beginning of December 57. Maximum value 59, while minimum 53. Averaged Microsoft stock price for month 56. Price at the end 56, change for December -1.75%.
Microsoft stock price predictions for January 2017.
The forecast for beginning of January 56. Maximum value 59, while minimum 53. Averaged Microsoft stock price for month 56. Price at the end 56, change for January 0.00%.
Microsoft stock predictions for February 2017.
The forecast for beginning of February 56. Maximum value 60, while minimum 54. Averaged Microsoft stock price for month 57. Price at the end 57, change for February 1.79%.
Microsoft stock price predictions for March 2017.
The forecast for beginning of March 57. Maximum value 64, while minimum 56. Averaged Microsoft stock price for month 59. Price at the end 60, change for March 5.26%.
Microsoft stock predictions for April 2017.
The forecast for beginning of April 60. Maximum value 61, while minimum 55. Averaged Microsoft stock price for month 59. Price at the end 58, change for April -3.33%.
Microsoft stock price predictions for May 2017.
The forecast for beginning of May 58. Maximum value 65, while minimum 57. Averaged Microsoft stock price for month 60. Price at the end 61, change for May 5.17%.
Microsoft stock predictions for June 2017.
The forecast for beginning of June 61. Maximum value 61, while minimum 55. Averaged Microsoft stock price for month 59. Price at the end 58, change for June -4.92%.
Microsoft stock price predictions for July 2017.
The forecast for beginning of July 58. Maximum value 65, while minimum 57. Averaged Microsoft stock price for month 60. Price at the end 61, change for July 5.17%.
Microsoft stock predictions for August 2017.
The forecast for beginning of August 61. Maximum value 61, while minimum 55. Averaged Microsoft stock price for month 59. Price at the end 58, change for August -4.92%.
Microsoft stock price predictions for September 2017.
The forecast for beginning of September 58. Maximum value 61, while minimum 55. Averaged Microsoft stock price for month 58. Price at the end 58, change for September 0.00%.
Microsoft stock predictions for October 2017.
The forecast for beginning of October 58. Maximum value 63, while minimum 55. Averaged Microsoft stock price for month 59. Price at the end 59, change for October 1.72%.
Microsoft stock price predictions for November 2017.
The forecast for beginning of November 59. Maximum value 65, while minimum 57. Averaged Microsoft stock price for month 61. Price at the end 61, change for November 3.39%.
Microsoft stock predictions for December 2017.
The forecast for beginning of December 61. Maximum value 68, while minimum 60. Averaged Microsoft stock price for month 63. Price at the end 64, change for December 4.92%.
Microsoft stock price predictions for January 2018.
The forecast for beginning of January 64. Maximum value 69, while minimum 61. Averaged Microsoft stock price for month 65. Price at the end 65, change for January 1.56%.
BLUE CHANNEL- Monthly and Weekly UP
Double Lines- Peak of .com bubble and All-Time High from 1999/2000 *Broken
Short term top for Microsoft?Technically Speaking
Nice selling pressure from last week, note green arrow on chart. The 56 level will look to provide support, if that level goes, the next good support comes in at 58.
What to do?
If looking to short, a stop above last weeks high of 61.37 makes sense. Target the 56 and see how it trades. For the longer term play, look to hold to the 48 level. Could be a long shot, but the bigger money is in the big swings.
If looking to buy, I would wait until the 48 level, no certainty it gets there though?
SPY IN NEW BEAR MARKET DATAEVEN THOUGH I AM LONG Currently, BUT MY MONTHLY CHART IS SLUGGISH, WEEKLY IS STRONG still but some weakness there. So for some one who lost $100k in 08/09 and has been watching market for about 2 decades; "time to warn". I do my own analysis and manage my own money. Those are the lines and suggestion for key resistance level to see if new bear market comes after few months of the election drama. Probably 2017 after summer/winter latest. What do you think?