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...
MSFT is trading under key resistance as seen by the white trendline. The price action and trend still favors downside bias however there is a key gap fill around $257 that would be a perfect short level if it popped off of earnings. Based off of the rally in the indexes, MSFT has been a lagger in tech which could be displaying relative weakness.
In my view Microsoft go high to that area green.. and you, what do you think?
A tough day for the equity bears or those positioned short risk – but why we’ve seen such upbeat risk flow is the subject of debate – for me, the idea of not overthinking things is advantageous - always trying to justify a move doesn’t offer much edge when trading – it’s about extracting the most out of a trade (if on the right side of the move), but reacting and...
Looking at the H4 chart, my overall bias for MSFT is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 244.79, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 263.91, where the recent swing high is. Take profit will be at 213.47, where the previous swing...
Each earnings season, we become accustomed to certain patterns. One pattern involves the biggest tech companies reporting earnings before many other smaller and medium sized firms. In what we know is a very difficult economic backdrop, it’s important to look for signals that some of the world’s largest companies are giving us. Additionally, since Microsoft Azure,...
I see microsoft on the short term as swing trade possibility we just hit the mid of the channel with little more power we can go upper channel also there is forming of HS which we still miss the right shoulder
In this update we review the recent price action in Microsoft and identify the next high probability trading opportunity and price objectives to target
Cycle from 12.13.2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 12.13.2022 high, wave 1 ended at 233.87 and rally in wave 2 ended at 245.77. Internal subdivision of wave 2 unfolded as a zigzag structure. Up from wave 1, wave ((a)) ended at 240.87 and pullback in wave ((b)) ended at 233.94. Final leg higher wave ((c)) ended at...
Just as we believe that bitcoin will bottom before the S&P 500 Index, in the same way we believe that Tesla will bottom before the other major tech giants. At present time going down fast and strong would seen like something really bad. A stock dropping is surely bad for the investors but these markets move in cycle, they go up and down, up and down... At a...
This is a Continuation Wedge Pattern, Medium-term Bearish. The inbound duration took about 64 days. the expected pattern duration *from the break of the wedge*, is roughly 22 days. with a target price anywhere around that 200 area. say 199 - 207 i dont want to keep boring you soo, i hoped you enjoyed this, and if you did could you kindly smash like! Happy...
Microsoft - 30d expiry - We look to Buy a break of 253.11 (stop at 243.98) Prices have reacted from 213.43. Posted a Double Top formation. 250.58 has been pivotal. The previous swing high is located at 253.00. A break of the recent high at 253.00 should result in a further move higher. Short term momentum is bullish. The bias is to break to the upside....