Based on growing divergence, MACD, and Kurotoga Cloud I am more than confident in seeing MSFT hit $225 Monday.
Unless something beyond technicals happen outside the market to cause negative impact, we should expect MSFT to rise for the following reasons:
Divergence+: Shows a high amount of bullish divergence as indicated by the green cloud beneath the candles ( pointed out with green arrow )
MACD: Shows weakening bearish strength and growing bullish strength.
Bollinger Bands: Giving off a buy signal
All of this and resistance is being tested, I believe MSFT will break through resistance and continue upwards
Price target is based off of candlestick analysis and timing is based off MACD
Unless something beyond technicals happen outside the market to cause negative impact, we should expect MSFT to rise for the following reasons:
Divergence+: Shows a high amount of bullish divergence as indicated by the green cloud beneath the candles ( pointed out with green arrow )
MACD: Shows weakening bearish strength and growing bullish strength.
Bollinger Bands: Giving off a buy signal
All of this and resistance is being tested, I believe MSFT will break through resistance and continue upwards
Price target is based off of candlestick analysis and timing is based off MACD
Trade active:
Bought 50 contracts for a $225 strike price expiring 1/8.
This is a call
This is a call