Microsoft's business appears to be slowing down, with the company's stock declining since the beginning of 2022 due to sales growth reaching its limit. Furthermore, large parts of the company's business, including the PC and video game segments, are shrinking, and the outlook for corporate technology spending in 2023 isn't looking good. Despite these major...
#Microsoft has a very interesting weekly uptrend signal active here, while the daily has just had a correction that ran its course. This gives us an interesting reward to risk entry to join the weekly trend at a more favorable reward to risk spot. It's interesting how $GOOGL's monopoly in search being disrupted might affect things going forward also. On one hand,...
NVIDIA Corporation (NVDA) is a semiconductor company that designs and manufactures graphics processing units, as well as other specialized processors for a wide range of applications such as gaming, professional visualization, data centers, and autonomous vehicles. As of the current market data, NVDA is priced at $240.82 with a 1.02% increase in the last trading...
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Through their tales of joy and pain, We'll learn to dance in life's sweet rain. So listen well to words from the wise, And let their knowledge be your prize. As an update to my idea yesterday, I discussed that if MSFT broke down, that we'd head toward $253 and we got to $253.58 which is down from 256.87 where we closed yesterday. MSFT filled the gap in the...
Trade Proposal: There is a probability of first tp to the proposed ( 30000,00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: US30 is in Downtrend and It is Expected to Continue Downtrend.
Elliott Wave Theory & Parallel Channels - Monthly Chart
msft wave count looks fairly decent. looks like we're getting a swing 1212 count. would be looking to long between $232-240 zone with invalidation below $219. set alerts at $240 and daily rsi oversold.
$MSFT has been down trending following this parallel channel's support & resistance, now testing resistance at $280 which is perfectly aligned with the daily 200MA & 0.5 fib level. Fundamentally, fear from Q3 results because of interest rates hike & recession doubts, share holders will take partial profits at $280 or a little bit higher protecting themselves from...
' The NYSE FANG+ Index is a rules-based, equal-weighted equity benchmark designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors'. Companies included in the index: Meta, Apple, Amazon, Netflix, Microsoft, Google, Tesla, NVIDIA,...
We could see a slight uptick after the recent downward movement over the past few days. A double top did print at the $275 zone so we could see a possible downtrend form.
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BingX’s Bitcoin Chart According to Glassnode, the number of Bitcoin (BTC) whales, or wallet addresses holding 1,000 or more BTC, hit its lowest level since August 2019 on Sunday. Bitcoin is down 3.67% over the last 24 hours and fell to an intraday low of $23,855.55. The largest cryptocurrency rose to $25,250 on Tuesday, but the price was unable to sustain...
Price recently broke a 2-month trendline today as well as forming a double top at the $275 zone. As of now, I'm looking for a retest of the 261.50 zone and a strong indicator signifying a continuation of this downward movement.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Microsoft stock just recently created an awesome double bottom and also already broke above the neckline confirming the weekly pattern. As we are speaking the market is retesting the neckline of the double bottom which is now turned support so from a...
Breaking out of long term diagonal down trend and (potentially) turning resistance into support. Looking for a breakout of cloud next. SL is bottom of cloud $244