jeremychea

MSFT New Trader, Need Ideas

NASDAQ:MSFT   MICROSOFT CORP
Can someone help me, im new and want to know the forecast of MSFT             . Is it going to bounce on support and test it and drop
Although you made this chart 17 hours from me typing, I understand sometimes it's tough to get an answer. Here goes nothing,or something. MSFT on a 30 timeframe in this chart, however, if I remember correctly, on a larger timeframe this puppy looks to tank.Slap the RSI up there and see when the RSI crest get lower and lower. If this job report does not kick start it downward, see what another couple of days will do.
Reply
jeremychea Pippylongstockings
thanks for you input everything is appreciated! Im bad with terminology but by tank you mean downward right?
im in a pickle at the moment, i got a trade for the price to be above 57.28 on the 23rd Sept. hmm whether to let it ride out or take out without loosing much!
Reply
Yes, when you hear people say tank, they are talking a bout it dropping heavily. On a side note, when you hear people talk about "stock 123 is making another leg" they are talking about the next wave in that trend,whatever that direction is.Took me a while to figure that one out.

MSFT is looking provocatively bearhish.For the mid-term, I remember now, it must close above the yesterday(sept 1)because it is in a very tight range.Watch Sep 2. Just refreshed myself with the daily chart.Yup, if this puppy breaks above the upper bb(bollinger band), you could very well see 58.50 in the mid-term(less than a month I guess, some say 3weeks is mid term). Make sure you watch volume.The days/day you see strong increase in volume, that could be the day of the impending breakout.

Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out