Elliott Wave View: Microsoft (MSFT) Shows 5 Waves DownShort Term Elliott Wave View in Microsoft (MSFT) suggests rally to 294.22 ended wave ((W)). Wave ((X)) pullback is in progress to correct cycle from 14 June 2022 low before it resumes higher again. Internal subdivision of wave ((X)) is unfolding as a zigzag Elliott Wave structure. Down from wave ((W)), wave 1 ended at 290.41 and rally in wave 2 ended at 294.07. The stock then continues lower in an extended wave 3 towards 276.20.
Internal structure of wave 3 shows that the decline from 294.07 to 289.04 ended wave ((i)) and rally in wave ((ii)) finished at 293.30. Further downside continues ending wave ((iii)) at 277.21 and shallow bounce ended wave ((iv)) at 278.78. Final leg lower wave ((v)) ended at 276.20 completing wave 3. Wave 4 took the form of a triangle structure completing at 276.69 and last drop ended at 274.38 which ended wave 5 and wave (A).Wave (B) pullback is in progress to correct cycle from August 15, 2022 high in 3, 7, or 11 swing before the next leg lower. As far as pivot at 294.22 high stays intact, expect rally to fail for further downside and break the low of wave (A).
Microsoft (MSFT)
Microsoft pulling back?Microsoft
Short Term
We look to Buy at 273.34 (stop at 266.24)
Previous resistance at 275.00 now becomes support. Choppy price action seen. We can see no technical reason for a change of trend. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 292.57 and 303.00
Resistance: 293.00 / 315.00 / 320.00
Support: 275.00 / 250.00 / 200.00
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UVXY and ETF ShortIt's high time we accept the new reality of the inverted reality. The week of July 25th was perhaps one of the most volatile in a long time. Why? We had CPI report, earnings, and Fed Rate Hike.
What did volatility indecies like UVXY do? They sold off. It doesn't take too much logic and common sense to see something egregiously fraudulent is taking place when companies miss earnings, and their stock price rally. Or, in the grander scheme of things, horrible economic data sends markets rallying.
At this point, the market has become a literal casino gambling machine with luck, not technical analysis, economic data, geopolitical issues, trends, patterns having ANY influence. It's simply a yes or no by someone or some people at the top who dictates the move of the market.
I believe now that retail investors are at their smallest ownership of equities, the volatility index and ETFs like UVXY no longer really apply. Why? Institutions, computers, and algorithms can not panic or feel fear, only retail investors aka human aspect can. This is why you no longer see significant sell offs when there is bad news like a possible Taiwan invasion or conflict with the US.
So in conclusion, at this point, its best to get calls on pretty much anything. AMC, BBBY, Apple and others go up without reason. BestBuy stated they would see losses in Q3, and that rallied their stock. Nothing can bring this market down, so I wouldn't even be scared about getting calls, investing and waiting as your portfolio grows even in the worst of it. Perhaps actual WWIII would send markets to new record highs.
Short the volatility ETFs, UVXY, SQQQ, SDOW, SPXS, misc.. because they're destined to collapsed even if the world was on fire and there were 50% unemployment. I think the stock market is everyone's financial safety with no risks of losing money at this point.
MSFT Potential for Bearish Drop | 22nd August 2022On H4, as the price is breaking the descending channel, we have a bearish bias that the price may drop to the sell entry at 283.55, which is in line with the 23.6% fibonacci retracement. If the price break the sell entry, it may drop to the take profit at 272.70, which is in line with the previous swing low and 38.2% fibonacci retracement. Alternatively, the price may rise to the stop loss at 294.05, which is in line with the swing high.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
$MSFT: CTRL, ALT, DEL 🩸🔸️Ticker Symbol: MSFT 🔸️Timeframe: 4 Hour 🔸️Investment Stratey: Short
TECHNICAL ANALYSIS: $MSFT has recently broken out of a rising wedge pattern on the 4H timeframe. We also have our bottom dashboard indicating money momentum is still shifting out of the market and a middle band flashing red meaning bear market momentum. The strongest level of support for $MSFT is curreny $277.55. ( Current Price $285.00)
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$MSFT: RISING WEDGE, DROP INCOMING🔸️Ticker Symbol: MSFT 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: $MSFT is forming a rising wedge that could potentially break to the downside in the coming days. On our dashboard we can see that our white line which is "Money Momentum" is shifting out of the market as the price is increasing overall. This is a classic example of divergence in the market and typically will result in the stock pushing lower in price. Once we do get our middle band on the dashboard to switch from green to red this would then indicate we are in a bear trend and confirm our downside potential.
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Buy or Sell ?Uber's strategy to make profit:
1. Charging customers for subscription.
2. Cheating on restaurants more than ever.
3. Reducing the payment to drivers.
And the result of this "smart strategy" is dissatisfying everybody, and ultimately loosing the market!
Capture this image and see me at the end of the year...
MICROSOFT (MSFT) Bearish ChartartIs the MSFT bull run about to fade... who knows.
I will hedge in the low 300's and see. Kind of looks like it could be a complacency shoulder.
If market tanks ill be looking to enter again at a 60% discount like in the previous bear cycle. maybe $142 area..
Let's see.
:)
SPY LOOKS LIKE A DUMP COMING - BUT WE KNOW SPY LOVES TO LIEAll,
Pretty obvious rising area here which usually results in a dump. Personally I would be split here on calls and puts and wait for conformation. I give it 70/30 odds it drops.
However, I think we all know SPY/market loves to give an impression and do the unthinkable.
A) can we get positive news on war
B) can we get sp500 ER / good news on some ones that are down
C) positive fed news of any kind / inflation news
A combination of TWO of these would probably breakup and cause a parabolic move up if that I think to 440-450. Either way always make sure to cover yourself in areas like this. You can always sell your call options for a 10-20% loss, which will easily get covered by your PUTS. Don't get greedy.
Microsoft LONG breaking a Falling Wedge and resistance!!!!!Breaking of the Falling Wedge confirmed as well as local resistance (red box), the price is directed towards the all-time highs to attack and overcome them.
RSI crossing UP 50% !
MSFT has always been one of the best companies on Wall Street and its capitalization and upward strength is among the top 5 companies in the world.
Go up!
LPI.sa
MSFT stock final up move before near reversalMicrosoft stock from a technical view has some space for some up movement
•MSFT Stock has broken above inverted H&SH pattern still not hit the pattern target at $302.
• Down channel is broken in the last up move with a successful retest.
We expect the up move to continue towards $300-$302 levels to hit the H&SH pattern target, before reversing back towards $270.
$300-$302 playing as an important resistance:
• 61.8% Fibonacci from the last down move from 22 Nov -21.
• Down trendline from Nov 21.
BIG TECH RECOVERYThe Daily chart shows the composite price action for one share each of
GOOG
META
MSFT
AAPL
It shows a low of the year in mid-June about the same time as the SPY bottomed.
The Awesome Oscillator confirms the uptrend.
The uptrend seems to be bounded by an ascending parallel channel.
There has been a combined 10% price rise in the six weeks since with steady price
action including some retracement.
The high volume area of the profile could be resistance at its upper boundary
and so this composite of tickers could soon be at resistance.
MSFT: Investment in stock marketI decide to make an investment in Microsoft stock because it's look bullish from this monthly timeframe. But when we invest in stock, it's very important to read ever fundamental analysis to know what affect the price of a stock. I will trade when market open at Monday, August, 8, 2022. Bought in the market price and my SL will be around $228 USD, and we could to have 2 targets.
One of the best strategy to accumulate money and investing in stock market it's find up 100% of the investent to double x2 yearly. But one of the best it's using asset like Bitcoin, Ethereum, Cardano to accumulate to use one of them using a good crypto-broker like Simple FX, Also, 200% yearly it's a good way, but combining to trade financial market and find up the yearly goal.
I hope that this analysis support you!!!
****spy is at a very critical level make it or break it week ***Looking at the weekly chart on the spy it appears that it is a make it or break it week…notice how the candles on the weekly r very identical to the last rally, if spy can’t break out this week then this will be a double top pattern and the drop would be severe (lower lows), alternatively if the spy holds and breaks out to upside then the rally will continue and $430 will be the target…cpi data on Wednesday could be the deciding factor…best of luck to all.
MSFT Potential for bullish rise | 2nd August 2022On the H4, with prices moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the buy entry at 275.24 where the overlap support and 23.6% fibonacci retracement are to the take profit at 290.73 where the swing high resistance, 127.2% fibonacci extension and 61.8% fibonacci retracement are. Alternatively, price could break entry structure and drop to stop loss at 269.22 where the overlap support and 38.2% fibonacci retracement are.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Betting on Pivot with Microsoft. MSFTContracting Elliott triangle done, C Wave of upgoing zigzag done (probably, awaiting confirmation0, so ready for drop in line with the global picture on equities right now.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
MSFT up 10% from last post. MSFT getting near 2nd breakout area. Above 277.70 can see more upside.
We were long MSFT from 265 break out area. Really good push so far. Sold my calls yesterday at 277.70. Will try some roll ups for AUG 5 280C if we breakout again.
Link to the last breakout post is attached below.