With the rotation into value over the past week or two tech has either dropped or consolidated. Looking at MSFT chart we can see some potential weakness in the giant so not all that interested in buying here for the long term. Looking at 206-207 as price target in order to start buying in big on MSFT.
SHOULDER HEAD SHOULDER. The market made a false break of the neck line to confuse the buyer but I think this is the real configuration
Updates on existing Bullish Spreads MSFT has moved in the money. MSFT is unfolding into wave 5 that could reach 240–245 or the 127.2% retracement. The key is to stretch existing profits on MSFT with the daily chart that shows SMH terminal wave 5 rally is in progress.
Big Tech companies are looking really interesting, there is a lot of upside potential in the market and we could see the tech moves really help the rest of the market push up in terms of overall ETF indices. We have seen the lag of a lot of companies in the S&P 500 but this could be the return to value after the 15-20% drop in big tech. We have seen multiple...
The Ingenuity Trading Model is a Hidden Markov Model with specific inputs related to Price, Time, Volume , and Volatility .
The overall markets technical evidence still supports a continuation of bull trend, looking for a wave (iv) extended consolidation. We’re currently in wave (iv) consolidation moving through the underside of wave (e) support at 197 support level before a wave 5 terminal rally begins. Still holding on to our bullish position on MSFT that could take us through Nov.
If you took a handful of positions, feel free to trim a few @Open to manage risk, do NOT let any trade go green to red. LONG MSFT above 205.15-205.30 PT @209.35 and @211.5-212 Ideal PT @218.45 Conservative SL @202.15 Max SL @200.59 SHORT MSFT below 202 PT @200.15 and @199.52 Ideal PT @194.50-194 Conservative SL @204.75 Max SL @205.21
TITLE/(DATE)- BUY MSFT/USD ASSET- STOCK PLATFORM-MT4 ORDER TYPE- BUY Market Time Frame-4hr ENTRY PRICE 1- $206.50✅ market ENTRY 2- $202.50 pending STOP LOSS- $199.50 (70 PIPs) TAKE PROFIT 1-$213.50 (70PIPS) TAKE PROFIT 2- $220.50(140 PIPS) TAKE PROFIT 3- $227.50 (210 PIPS) TAKE PROFIT 4- $234.50 (280 PIPS) TAKE PROFIT 5- $241.50 (350 PIPS) STATUS:🏃🏽♂️RUNNING 🏃🏽♂️
Up to the Medium Time Frames and above, MSFT has dropped into critical support level at wave (4) but the bullish trend has not been invalidated. Remaining bullish against 184 wave count invalidation level for a terminal wave 5 rally.
Up to the Medium Time Frames and above, MSFT has dropped into critical support level at wave (4) but the bullish trend has not been invalidated. Remaining bullish against 184 wave count invalidation level for a terminal wave 5 rally.
Up to the Medium Time Frames and above, MSFT has dropped into critical support level at wave (4) but the bullish trend has not been invalidated. Remaining bullish against 184 wave count invalidation level for a terminal wave 5 rally.
Hello traders, Description of the analysis: Microsoft ( MSFT ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM...
Bull Case - If Tiktok deal is on then instantly stock hits bt $250-$275 Bear Case - If no Tiktok deal then instantly stock drops bt $216-$210 (50 MA)
Up to the Medium Time Frames and above, MSFT has completed a Bullish Triangle pattern moving higher towards wave (5) upside target of 276. Look to stretch the profits on our existing long position on MSFT. Asymmetric Risk Reward vertical spread calculation shown in Video Update.
Bullish Pennant formed with the possibility to hit the historical resistance line. Entry price conservatively set at mid-resistance breakout. Target price set at resistance line bounce. - Historical Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $216.58 Suggested Stop Loss $211.56 Target price $235.96 Note that I tend to adjust...
$MSFT MSFT Bullish above 227. Price target @231.10 Breaking and holding above @231.15 and we'll push to @235-240 range for new highs. MSFT Bearish breaking under 225.45 Price target @221-220 Under @220, we'll pullback until we find support around @215 or so