Tech Sector Giants Returns - FY21' - YTD
With upcoming earnings season, Apple's latest announcement earlier this week, and the holiday season approaching, I continue to have a bullish outlook on the Tech sector overall as FY21' continues.
Microsoft broke today the ATH resistance but don't show huge volume to be consider as a real breakout.
Tomorrow opening is important to see how the resistance is doing the job.
False breakout can be interesting to setup a short.
If breakout is confirm, pull back gonna be the entry point for a long.
Microsoft has failed to pass 305 in the past 2 tries, now is trading at the same level and if it successfully close above this level next target will be 325-330 in the next 3 weeks!
Monitor MSFT closely for breakout..!
Past 3 months:
Welcome to our Weekly V2-Trade Setup ( MSFT ) !
Overall bullish market structure..
Great fundamentals and technicals.
Nice long setup!
ENTRY LEVEL @ 304.18
SL @ 291.89
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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ROKU 4H I Our scanners picked up an interesting trade before market close on Friday. ROKU $325c 11/12, it was a $500K trade. Setting an alert on a break from the trend.
SQ 4H I There is a mini gap to fill from $252.75 to $255.50. Our OS ALGO picked up bullish activity on SQ $250c 10/22 @ 3.85 before market close on Friday.
TEAM 2H I Possible ascending triangle...
This is a quick chart reading for MSFT that shows a possible scenario for calendar Q1 2022 using the weekly chart
- The key assumption here is that MSFT will continue to maintain the same ascending channel that's in place for the last 3-4 years (excluding the COVID effect between Feb-April 2020)
- there are 3 price levels to note: $330, $345 and $375 -- Target...
In the past 3 days, we see higher closes in the market and most tickers have finished the past 3 days greenish!
But looking at volume and compare it to the past week's average clearly shows the weakness on the buyer's side!
More neutral days could be the most probable scenario in the coming days!
AAPL, MSFT, GOOG, AMZN, and FB have seen higher prices at lower...
1- Closing below 50 EMA for 2 consecutive days after 1 year ..!
2- Lower-High Lower -Low pattern: with higher Volume price in down Swings in comparison to positive days and crossing below an important support level.
3- closing below the Uptrend regression channel after 1 Year:
After a 26% rally in 55 days, Microsoft has become trendless in the past 22 days.
In the past 4 days, Sellers showed their power to buyers and made the possibility of further decline more likely.
Microsoft needs to be closed above 305 to continue its bullish rally.
You can not find a single analysis on the web writing against Microsoft, Buy or hold is the only...
What Are Inside Days?
Inside days refer to a candlestick pattern that forms after security has experienced daily price ranges within the previous day's high-low range. That is, the price of the security has traded "inside" the upper and lower bounds of the previous trading session. It may also be known as "inside bars." Inside days may indicate consolidation or...
$MSFT- Analysis & Key levels
There are a few levels that I’m watching with MSFT. I will re-evaluate once it hits 279. (Or if the MacD makes a bullish cross-over) I do believe that it can go quite a bit lower than depending on how quickly or slowly we get to correcting this market.
No position at the moment but I’ll update when that changes
For many years traders have had a love-hate relationship with closing based moving averages. Such crossovers tend to be extremely inaccurate, frequently getting whipsawed and achieving low profits. This approach tends to be more stable particularly in longer time frames. Of course it also requires a stop, profit target, and profit maximizing strategy. If this...
Hello traders and investors! Let’s see how MSFT is doing today!
First, in the 1h chart, we see that the trend is still bearish. We did a higher bottom above the 21 ema recently, and if we do a new higher high, MSFT might break free from this bearish momentum. However, it feels like it must escape from this Descending Channel too before it can start to do anything...
Just notice the similarity between NDX and APPL Charts!
It is amazing how APPL impacts the whole market. It is very difficult to distniguish between charts without looking at the symbols. !
It is very valuable point to consider in our trades. I should add that MSFT has also the same effect!
Good luck every one !
The last time this happened in SOL - it moved higher by 116% in 16 days!
This matches with my fundamental value analysis and relative value analysis that SOL is at least mispriced by half and should be double the value it is today considering the 300+ dApps it has already rolled out and the WORLD CLASS dev team they boast - probably a top 3 dev team I've seen of...
An asset I have been watching for over a month now has finally flashed some signals I have been waiting for as it has done something very major that not many will realize until weeks from now and that is that it has broken bullish out of a huge ascending channel pattern. This pattern has kept the price consolidating inside of it since September of last year and...