They Call Him "Big Softie"

TradingView

Go PRO

MICROSOFT CORP (BATS:MSFT)

BATS:MSFT MICROSOFT CORP

Looking for the potential of near term weakness in Microsoft via a wonky little Head & Shoulder's Top formation. Probably the bigger idea here is that any sort of major decline in excess of 20% (in the Indices) is probably a bit farther off in the future. A retest of the support trend line indicates to me a decline of up to 20% is possible in the major indices near term. Many times this year we've seen bearish formations turn bullish , so just something to keep an eye on for now. Good luck out there!

Kleinweich is difficult to be traded due to the big jumps. But I agree to your bearish outlook. I only have some doubt concerning te Head-and-Shoulder: Usually they should appear at the end of a trend. In your case it would be a continuation pattern.
Nevertheless we might look for a chance to short it.

How It Works

Features

For the WEB

Widgets

Community

Blog House Rules Moderators People Chat Chat History Press Referral Program Advertise

Tools and Features

GO PRO Stock Screener Forex Signal Finder Economic Calendar AppStore Stock Charting Library Trading Terminal Publishing & Social Tools Education

Support

Status Page Feature Request Help & Wiki FAQ Contacts Terms of Use Risk Warning Privacy Policy Cookies Policy

Trading Ideas

All Trend Analysis Harmonic Patterns Chart Patterns Indicators & Overlays Wave Analysis Gann Beyond Technical Analysis

Made with

From the creators of MultiCharts

Select market data provided by ICE Data services