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...
Chart says it all. Multi decade parallel channel top has been reached. Now markets are sharply pulling back. Watch for break of long term uptrend red line and ideally short on retest of the red line. Possible HS pattern could play out too, back to 300$ in upcoming months
Microsoft had great earnings recently and after the announcement buyers rallied the shares...only to see that confidence 100% eroded as of today.
What are traders telling us about Microsoft?
My analysis shows a minimum target of $370 with a decent chance of seeing $343 or slightly lower in the coming weeks.
Best to all,
Chris
MSFT has done a bearish breakout on the ascending channel formed. Even though we have seen a nice sell off followed by the breakout confirmation, we witness a fake breakout on the highlighted support. Inorder to expect a continuation in the downfall, we need a clean bearish breakout on the support formed.
The JPMorgan Chase CEO's WSJ was interviewed recently with Wall Street Journal Editor-in-Chief Emma Tucker, for a range of topics.
JPMorgan Chase & Co. Chief Executive Jamie Dimon ranked geopolitics as his top worry and said he's less optimistic about a soft landing than Wall Street in an interview on Thursday.
While Wall Street seems to be betting of a roughly...
I personally don't trade this stock on the long side due to personal believes.
But I dont mind shorting it with puts.
MSFT is bearish on daily timeframe
Today’s action hit its golden retracement pocket, as I was expecting after seeing yesterday’s AHs action.
The downside action remains the same - 370, and TTR long with Jun expiration 395 puts
Microsoft is experiencing a period of robust growth, driven by the accelerating adoption of its cloud computing services. The company's recent fiscal third-quarter results surpassed analyst expectations on both revenue and earnings, solidifying its position as a major player in the cloud wars. However, a slightly weaker-than-expected revenue guidance for the next...
The Estée Lauder Companies (ELC) and tech giant Microsoft ( NASDAQ:MSFT ) have unveiled a pioneering collaboration, heralding a new era of innovation and consumer engagement. This strategic partnership aims to harness the transformative power of generative AI to revolutionize product development, marketing strategies, and customer experiences across ELC's esteemed...
On Thursday, Shares of data management software maker Rubrik (NYSE: NYSE:RBRK ) surged 20% in its New York Stock Exchange debut, the latest sign that public market investors are showing an appetite for tech IPOs. The stock opened at $38.60 per share, after the Microsoft-backed company priced its IPO at $32 a share on Wednesday, above its expected target of $28 to...
This one is a risky trade as it's all up to earnings, but the chart to me looks like MSFT wants one last leg higher before topping.
If price finds a bottom in this $390 range, then I think we will see a big push higher up to around $450-$500.
Let's see how it plays out.
NASDAQ:META had a negative reaction to earnings yesterday. I was originally thinking that MSFT's earning reaction would be positive but as I look at the chart and options flows, I'm starting to think we're going to see a negative reaction.
I think most likely outcome is that we drop from here to around the $370 level, if that level can hold there's potential...
As Microsoft Corporation (NASDAQ: NASDAQ:MSFT ) prepares to unveil its latest earnings report after Thursday's closing bell, investors are on edge, bracing for potential market-moving revelations. With the stock trading near record highs, all eyes are on whether Microsoft can maintain its momentum and deliver on lofty expectations.
Earnings...
On the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level.
We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast...
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
If you haven`t entered MSFT when they bought 49% of OpenAI:
nor on the comparison to AMZN and GOOGL:
Then analyzing the options chain and the chart patterns of MSFT Microsoft Corporation prior to the earnings report this week,
I would consider purchasing the 410usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately...
NASDAQ:MSFT and $appl both look very similar to me, with a potential swing top forming.
NASDAQ:MSFT has been held up with the rate inflation narrative that pump the mag 7 and now it's connection with OpenAI. The market has signaled a broadening over the last 6 months or so, with most of the remaining opportunity centered around value stocks. If this isn't...
Trend
- On the weekly chart: Still within the large uptrend channel since January 2023.
- On the daily chart: The minor uptrend channel since October 2023 was broken with moderate volume.
- Although the long-term uptrend remains intact, the short-term momentum may be pausing.
100% Symmetrical Projection: Uptrend “N” Patterns
- There are two price...
