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
When two hugely successful companies join forces, the initial market response is not always a bullish one, and traders who follow company mergers and takeovers know the only thing to count on is volatility. But what about the long run? Should traders buy in early and wait for the big picture to move the markets? What’s happened so far? Microsoft (MSFT) made...
Descending Triangle is forming on Microsoft. Can we talk about the gaps and liquidity issues? Is it because of the broker TradingView is showing for the company? It's shocking and one I avoid trading by all means. Anyway, the bearish signs are there 21>7>200 RSI<50 Bearish bias Target $239.96 ABOUT Microsoft is a multinational technology company based in...
Microsoft probably resuming its “crash” @ 308 or 285 +/-.. As wave (B)( Cyan) is an expanding flat ABC (yellow). Or running flat pattern.
I have anchored the FIB from the breakout earlier his year and then included the wick at the top. I have Vwap anchored to weekly and it's nice how all these level have similar confluence. We have a pennant which is neutral but it's also a bull flag as well. The flag pole gives us the extrapolation for a target above. Fib levels, vwap and 200ema etc for lower...
This situation is quite silly. The media is blowing it out of proportion and believes OpenAi is the second coming of Jesus. Google has 91% market share of Search, and Bing has about 2% share. Microsoft, part owner of OpenAi, plans to grow their search efforts and compete with Google search. The threat is that Bing may take a couple percent. In reality, people...
Charts first: 258.78 is double support we can count on, structure is quite strong. 313 will be our main target for 2023 and it could come fast as the news are Huge: Microsoft has announced a new version of its search engine Bing, which incorporates the latest in artificial intelligence. The overhaul deploys OpenAI's ChatGPT technology, which has taken the...
In recent days we’ve heard bearish equity calls from prominent strategists at Morgan Stanley, JPM and Goldman Sachs all calling for lower levels in equity markets – as with any market call, it’s the logic and rationale that is of most interest, and it’s the idea that the investment bank sales team pitch to their clients. These calls help market players become more...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . Microsoft is looking extremely juicy right now. From a weekly perspective we just created a long term double bottom and we also broke above a long term downtrend line. There is definitely the possibility that after a short term pullback, we will start the next bullrun from...
Investment confirms how the Silicon Valley giants are ready to do battle over what is believed to be the new frontier of technology. Google (NASDAQ:{{6369|GOOGL}}) is challenging Microsoft (NASDAQ:{{252|MSFT}}) and launching Bard, the rival to ChatGPT, the OpenAI application on which the Redmond giant has bet billions of dollars. The introduction of Bard, the...
I see a gruesome bloodbath in the American stock market. Stocks are showing heavy bearish sentiment. Microsoft rose to as high as $349. A drop started at that price point and will continue right down to 141. A BREAK OF STRUCTURE at 141 will then send the price falling to around $14 (My Point Of Interest). Things are really getting...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. Microsoft just recently perfectly tested and rejected a quite strong and obvious previous support/resistance zone towards the upside. It also seems like Microsoft is about to create a double bottom from a weekly perspective, which is generally speaking a very bullish pattern,...
The diamond bottom pattern is not a common formation but is considered a strong bullish reversal pattern amongst technical analysts. This bullish reversal pattern first expands from the left-hand side and then contracts into a narrower range, until price breaks out above the resistance line and completes the pattern.
Despite the recent outage, Microsoft is fighting its way back to the top and should exceed the resistance line at $265.00 soon to continue its upwards slope. Our alternative scenario with a probability of 40% implies that the stock could tire and drop below the support line at $212.25, instead of rising to the top. In this case, the course would sink into the grey...
MSFT has reached our Buy area: Microsoft purchased a 49% stake in OpenAI, creator of ChatGPT, for $10 billion. Which i think it will turn out to be the best investment in MSFT history! Microsoft Corporation (MSFT) integrates Chat GPT into its Bing, Office, and it Azure service! Now looking at the MSFT Microsoft options chain ahead of earnings , I would buy the...
Market Conditions: - bearish trend - correction movement - bullish sentiment in the market Key Level and Lines: - $241.51 resistance Trading Ideas: - go long after a consolidation around the resistance - a false breakout and bearish sentiment in the market = trade opportunity for shorting.
Microsoft (MSFT) reported the second fiscal quarter 2023 financial results after the market close. EPS beat the low estimates but revenue came below expectations, Azure cloud unit showed strong growth. Here are the key points: Earnings per share came at $2.32 a decline from $2.48 a share a year ago but topping the expectations of $2.27. Revenue for the quarter...