MIcrosoft weeky chart analysisafter tapping the 21 day Moving average I expect Microsoft to be on $273 in the next few weeks
Microsp500
The strongest resistance for all-time of Microsoft !Hello, dear Traders!
Monfex is at your service and today we overview MSFT.
Microsoft's report exceeded analysts expectations. Since the company's forecast for cloud services was higher than expected.
A Flat top triangle pattern is here, the price near resistance zone by breakout of which will be a stong signal to buy.
Another side: a bearish divergence by RSI and by breakout the support line of this triangle will be a sell signal to 50% Fibonacci .
The resistance zone ~ $142-142.5
The support zone ~ $120
Market Cap
1073.602B
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
mini S&P500 plan for 16.08.2019When some asks me: "All is ok with American economy".
My answer is: "Yes, ofcourse, it just prepare to smash down:)"
There is two point for short:
1st at 2900 1 hour resistant.
2nd at 2961.daily resistans.
I will wait for 2nd to short.
S&P500 just moves down S&P500 still in main move down.
The best point for short near 2961.
Also, it can be little lower at 2935.
I invite you on my YouTube channel named as USOIL WTI. I will make live broadcast today at 11:00 AM by Chicago
You can ask Your questions about any instrument You want.
mini S&P500 short planIs it something wrong with my yesterday plan?
Of course not))) I just wait for better point to open short.
The Best point for short is 2961. But will price reach it?
S&P500 falling quickly is it new crisis?Most of the people tell me: "Just relax, it is move down before new high on S&P500".
But I don't think so.
Price moves down now. Main target at 2700.
I wait for opportunity to open short.
The Best point for enter is near 2961, but price, also can fall from here.
