This is NOT financial advice
Merely utilizing Technical analysis for opportunities in the market .
So following the news with Bill and Melinda gates divorcing we see a clear SELL THE NEWS tactic in order to sell at the top and buy the dips approaching a key Point of Support .
The daily Timeframe shows that although price is dropping it is still on an uptrend...
Bullish Pennant formed after a modest 9-month rally.
Great risk-reward ratio and target set at a potential formation of a 1-year resistance line.
- Target Entry $252.04
- Target Stop Loss $246.36
- Target Exit 279.40
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going...
Is there much to say about Microsoft? Not really, right?! Our technical analysis also reflects this, as we can see that the price is going to strongly increase after already crushing through the resistance at $245.91. From here, there is only one way: up!
Anything you would like us to analyze?
As you can see from the chart, MSFT broke out of a symmetrical triangle formation right around January 20th and enjoyed a very strong uptrend for about a month. We can see a clear break in this uptrend around February 18th just based on price action and we can also see that at this same time our fast EMA's quickly turned silver indicating a weakening of the...
- Critical level for MSFT.
- Bulls need stopping volume to stop the island reversal drop.
- Gap will probably be filled, even if for dead cat bounce.
- At 234~ another decision point to confirm a downtrend
In a clear uptrend since inception
I wonder how these vital tech stocks will perform in comparison to cryptocurrencies this year
You need computers for cryptocurrency right? MSFT seems like a prime target
I would be long these tech stocks if I could find an easy and appealing investment tool for ones like this one
MSFT released the financial data on 26/01/2021, and as seen by far it had a increase more then expected. Eventually also by watching technical chart we can expect a growth in the next days! NASDAQ:MSFT
MSFT is hovering at both the 15 minute 200 MA, and the recent strong 216.5 resistance/support level for the past two months. A break here should see a run to 220 where there is bound to be serious resistance. I plan on entering this trade for January 14th, assuming the entry point breaks with reasonable volume and the market is doing well.
Microsoft has been seeing a lot of momentum towards the upside, while still holding intact a 6 months symmetrical triangle. I am waiting for another move through our (green) top ray, and to support upon our (blue) 224.49 level.