Topping Out Soon...I thinkIf my counts are right it's suggesting we're getting pretty close to topping out before starting a pretty deep correction.
MSFT34 trade ideas
MsftMajor rising wedge here for the biggest stock on the market...
In the scenario where this breaks wedge support and starts to correct the target would be 363 or the 200ma
Until we can play the wedge!
Price closed outside daily bollingerbands and hourly moneyflow is saying a 3-5% pullback is coming
My target here is 415, look for any pullback near trendline or 433.. stop loss with a close above 435
MSFT - Analysis after strong rejection off a tapered channelIf you understand what I see, this will make a lot of sense to you.
We are simply... Tapering. From strong buying magenta continuation, you can see signs of purple more tapered buying continuation starting to pick up and hold price. This means that we will taper in purple until we activate a stronger buying continuation to then break out of purple. If not, magenta will be no longer (for the time being).
That will be all for my analysis this morning. Will keep you updated as price develops on all of these!
Goodluck in the market today and...
Happy Trading :)
MSFT charted for 19MarWatch for the hourly bounce at
414.25 - this could present a long opp
up to 429.75
If we open below the ceiling, then targets are:
407.50 with runners down to 400.
MSFT nice opportunity to enter this great stockhistorical chart is vertically scary, thus you always feel the opportunity to invest in this stock has already passed, but here goes nothing.
seeing a change of flows in the monthly chart signalling a possible retrace, i found confluence between 61.8% fib retracement from the whole move up since covid crash + POC at the same level for equal period + 1.27 fib extension.
provides a potential great entry if hit.
not sure about the TF this can happen and i don't expect it to go towards the target in one movement.
MSFT charted for 18MarIf we open up below this level, look to short down to CB and leave runners to the floor
Watch out for the bounce on the HOURLY trend level - we could see a nasty bounce. Have a tight SL here.
MSFT March 14, 24: New High Offers a New BuyNASDAQ:MSFT going into new ATH provides a new buy opportunity.
I would like to see the stock closed at new ATH, in the upper closing range, and with volume confirmation, for the entry point to be valid.
See previous buy points in the related idea.
Who will buy TIKTOK ?Read the latest news here
I hope either MSFT or META would acquire the TikTok business in US and if it falls through, it will add value to their existing business especially META. Some said X would be interested but I doubt so. Looking at Tesla recent share prices, it has been trending downwards and with their aggressive price cuts, there is basically no revenue growth per se. They are struggling in their EV business. Acquiring TikTok is not going to help Tesla in any way nor can it add value to its automotive business.
Who do you think beside these two companies would gain a competitive advantage in acquiring TikTok?
MICROSOFT Correction under the MA50 (1d) expected.Microsoft is trading inside a 14month Channel Up.
The MA50 (1d) is supporting since October 6th 2023, which is the same time length as the last Bullish Leg of the Channel Up.
It seems we are in a similar Bullish Megaphone Top formation.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 395.00 (Support 1, which was the target during the previous Channel Up correction).
Tips:
1. The RSI (1d) is also forming an identical Bearish Megaphone as the June-July 2023 top.
Please like, follow and comment!!
Notes:
Past trading plan:
MSFT 12/3/24 crossing the trendline!?NASDAQ:MSFT , 12/3/24, will present a buy point if it will cross the trendline with confirming volume.
I specially like this kind of setup when the stock is trading above the rising mid-term moving averages: MA-50 (blue), MA-200 (black)
$MSFT Bearish crab pattern reversalWaited long enough to post big names such as these. NASDAQ:MSFT finally reached the bearish crab pattern reversal zone. Wait for consolidation around this area then expect a pull back or deeper correction.
$MSFT bullishRSI, MACD turning bullish. Thr price can follow the upward channel in the short term. Macro needs to remain bullish - marketing expectation for rate cuts must remain high for MSFT to run towards 438 - 440
Microsoft Might Have Done This BeforeMicrosoft has been rallying since October, and now a recurring pattern may be present again.
This chart highlights bullish breakouts by the software giant in October and January.
First you have tight consolidation against support. MSFT first held the October 13 closing price of $327.73, followed by the December 4 closing price of $369.14.
In both cases falling trend lines appeared along the closing highs. Notice how MSFT rallied after breaking those short-term resistance patterns.
Next, the lower study includes our 2 MA Ratio custom script. It plots the ratio of the 8-day exponential moving average (EMA) versus the 21-day EMA. Consider how the ratios turned positive before each advance.
Fast forward to March 2024 and similarities are potentially visible. MSFT has mostly remained above the February 20 close of $402.79 and prices are back above a falling trendline. The ratio of the 8-day and 21-day EMAs is also turning up.
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MSFT 4HR CHARTQuestion what happens here? Do we breakout this week or do we continue to just trade in this range for another week or two? IDK but I like being able to see these trends. Only if I had unlimited money to take these trades, but one day I will be a great investor/trader also a better technician!!!!
MSFT - Why I took swing calls overnight -how I predicted the gapSupport by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos.
More analysis like this to come! Stay tuned!
Happy Trading :)
MSFT charted for 13Mar24At the break below 414.40, I will be looking to go short. We have a ton of empty space below.
TP = 413.60 / 412.50 / 409.60
In order to go long, I'll need to see a pullback to 415.35 and an open above the current resistance.
$MSFT - Potential bullish pennantNASDAQ:MSFT Potential bullish pennant forming. $450 to $460 measured move. Conservative estimate is $433.
Breaking above $416 - $420 is bullish.
Breaking down below $400 is bearish.
MSFT loves bull flag wedges?Weird little trend it has had for the last few months.
Could possibly exploit this trend. Not sure if its too late.
Use a stoploss please!
Possible downside on microsoft?Microsoft could possibly be moving to the downside from what I see. Might make an opportunity to make a trade.
MSFT Bull FlagA mentor of mine pointed this pattern out to me today and it does look like a winner given its ventures in AI. Microsoft seems to be in a bull flag pattern, and there is alot of news that can come out this week to see MSFT break out upwards to HH's. Goodluck everyone, be smart, be patient, and trade on!
Correction Coming?There is a good chance 5 waves up here have completed and we're going to start correcting hard - there is also the possibility I'm off by 1 high but structure fits for this count to be valid.
MSFT Knock-knock: Support?MICROSOFT seems to have found some kind of support, let's see the macro and how it will continue but I am entering on a long trade here... with a small portion of my capital tho.
Microsoft: Strategies for Correction 🛠️Microsoft (MSFT): NASDAQ:MSFT
We remain steadfast in our primary scenario for Microsoft , which suggests a significant correction is underway. Thus far, there have been no deviations from this expectation.
Upon closer examination of the 2-hour chart, we observe that the subordinate Wave (B) precisely reached our targeted 127-138% retracement levels. We now anticipate a similar overshooting movement downwards, surpassing Wave (A), towards Wave (C), and subsequently the overarching Wave (a).
Unless we breach the $420 to $422 level, we do not foresee a continuation of the upward trend. A broader view on the two-day chart indicates that Wave 5 should ideally conclude at the 61.8% extension, implying a possible rise to $430. However, this is not certain. If we are experiencing a flat correction, the outcome could exceed this level depending on the origin of Wave A. Nonetheless, a subsequent downturn should be expected unless we surpass the corresponding 138% level.
The precise location of the 138% marker remains undetermined until we establish the position of Wave A, which we currently project to align with Wave 4, around the $160 to $175 level.
