MSFT has definitely gone parabolic. But how does price continue from here? I think a larger pullback is in order. Forming the handle of the cup and handle structure. The parabolic move can be encompassed as a cup structure Lets see how it goes. This is the Monthly chart so longing is appropriate. Or wait for the larger pullback.
The area I have highlighted is where I determined the best spot for a potential reversal back to the upside.
MSFT is approaching confluence of indicators that could act as a big support levels 1. Trend line from 2019 lows 2. 200 Weekly Moving Average 3. 50 Monthly EMA 4. 0.5 Fibonacci from 2019 lows 5. Volume POC from 2019 lows I would look for reaction on those levels and buy in the boxed green zone between 200$ and 220$. Microsoft has MOAT and I believe, is one of the...
Microsoft - Intraday - We look to Buy a break of 251.11 (stop at 241.98) We are trading at oversold extremes. A break of yesterdays high would confirm bullish momentum. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher....
🟢 MSFT TF: 3D Side: Long SL: $232.73 TP 1: $260.33 TP 2: $277.40 TP 3: $291.20 Spotted some bullish divergence on the Microsoft 3D chart. I am expecting a relief bounce here that could last several weeks. 1W RSI and MACD also look ready to support the movement.
If you haven`t sold MSFT after they Issued the Warning to Investors: Then you should know that the chart reached our price target perfectly and is now ready for a technical rebound. A technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold. In this case, the Relative Strength Index momentum...
The next level of support is at 233 levels, I would go long at 233, with a stop at 230 level and target at 241 levels. Based on how this stock is falling, I feel this should happen around its earnings timeframe. P.S. The only worry is that quite a bit of revenue for Microsoft is generated from rest of the world. With this strengthening of dollar, the revenue is...
Here is a possible pullback considering possible prices of resistance including the lowest price of an old candle, the 50% of the fibonacci retracement (where retracements are more likely to happen). The price already hit the zone but it is common for the price to come back up before the day end. Furthermore, the 50% fibonacci retracement also happens with the...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
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:...
Will go up to 285 then go back down to below 276. Not investment advice, but a possible outcome.
We just crossed resistance at $290, current price is $291 and looks like we're filling that gap at $295 this week with the bullish momentum.
Microsoft 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...
Microsoft is a huge company. I will try to buy in that zone. I'm waiting for the behavior of the market.
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.
This massive impulsive reaction to the FED´s rate hike is a clear indicator for tus that the low has been completed. Accordingly, the Mircosoft stock should now seek to extend gains. In the turquoise target zone on the top, we expect a turnaround for another corrective move, though we do not think that new lows will be reached. Here, we might enter a position or two 👀
The end of Q2/H1 has heavily impacted the majority of stocks as we know. The announced takeover of Activision by Microsoft in my eyes has been put on hold due to the market downturn, pushing back into the second half of Q3 or even as late as mid Q4. With the buyout suggest to be at US$95 i feel that the current price of US$78 is a good buy. There is a lot of...
$MSFT MICROSOFT is Printing BULLISH Reversal Patterns, much like $AAPL has as they are related tech stocks. Let's review the chart: 1. There is a BROADENING DECSENDING WEDGE which is a bullish reversal pattern much like the falling wedge but expanding. This could either breakout soon or tap the bottom trendline for a third time before breaking out. 2. Textbook...