Microsoft (MSFT) has been trading within a Channel Up since the January 06 2023 low and yesterday came to the closest 1D candle closing to the bottom (Higher Lows trend-line) of the Channel Up since September 27 2023.
That was also the last Higher Low of the Channel Up, achieved exactly on the 0.382 Fibonacci retracement level from the previous Low. With the...
Pair : MSFT - Microsoft
Description :
Completed " 12345 " Impulsive Waves
Break of Structure and Retracement
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line
Microsoft (MSFT) is set to report the Earnings on Tuesday and last time we gave gave a pull-back buy signal (December 01 2023, see chart below) we caught the exact bottom:
Our original long-term Target was $460.00 but we have to downgrade it to $440.00. On the short-term it may be wise to take most or at least some of the profit if the 1D MA20 (red...
Microsoft (MSFT) is trading inside a Double Channel Up pattern, with the longer term one (blue) starting on the January 06 bottom while the shorter term one (dotted) starting on the September 14 High. The latter Channel Up can be seen with the same structure earlier within the long-term Channel Up as well. It started after the stock pulled back and hit the 1D MA50...
Microsoft (MSFT) has been trading within a Channel Up on the 1D logarithmic time-frame since December. At the moment, it is on the 1D MA50 (blue trend-line) which was previously the short-term Resistance. We are also near the 0.5 Fibonacci retracement level, an important benchmark for this recovery attempt. Practically this is the new bullish leg following the...
Microsoft (MSFT) has been trading within a Channel Up pattern since the March 13 Low, with the 1D MA50 (blue trend-line) supporting all the way, having made no contact with the price at all. You can see that on the chart on the right (1D time-frame).
On the bigger picture, the 1W time-frame (chart on the left), the stock closed last week's 1W candle on a very...
Microsoft (MSFT) has been trading within a Channel Up pattern since the November 04 Bottom. Supported by an Inner Higher Lows trend-line, we can even see a Rising Wedge forming. Now however, it will face the most important Resistance of this uptrend, the 294.50 of the August 15 High (just below the 0.618 Fibonacci).
If rejected, we may see a Cup and Handle (C&H)...
Despite the recent outage, Microsoft is fighting its way back to the top and should exceed the resistance line at $265.00 soon to continue its upwards slope. Our alternative scenario with a probability of 40% implies that the stock could tire and drop below the support line at $212.25, instead of rising to the top. In this case, the course would sink into the grey...
Microsoft (MSFT) is about to hit the 1D MA50 (blue trend-line) for the 3rd time since June 27. A new break should be a confirmation of that being the new Lower High rebound. The previous targeted the 0.618 Fibonacci retracement level, this is now over the Channel Down a little above 285.00.
We believe this might be the start to an even bigger and more sustainable...
Hi there,
As you can see it is following the channel well. Back in 2020 it dropped then over the next 6 months, it went up 50% more than the previous peak. Since it is at the lower end of the channel and the BULLISH uptrend since 2007, we can expect MICROSOFT to bounce back.
HOWEVER, we shall WAIT for the CLOSURE of the candle when MARKET opens and we SHALL wait...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Just curious to know your opinion on that as the post August High flag (Channel Down) looks extremely similar to Microsoft's September - December 2019 sequence. The RSI is similar too. Since then it has touched the 1W MA50 (blue trend-line) one more time, last March (COVID sell-off).
So would you consider this a healthy pull-back or should it ring a few...
