$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
MSFT recently began a correction after finishing 5-wave extension. Our trade is to follow it down to completion at the 61.8 Fib retracement above 211. Case in point for the correction: declining RSI and 13EMA/30SMA hourly moving average cross.
We all know if you go back in time till now on Microsoft it has an insane parabolic curve. I currently have a channel drawn out between the two lines. Arrows and red line is Resistance. Green line is support. We are seeing the overall trend from the last impulse hit the top level of Resistance in the channel, where we have seen previous good size selloffs occur...
after all i notice on the chart my probability the trend going down to test the support line
after breakthrough the strong support line high probability the trend go down to test the support line
💰 LET'S GET INTO SOME MICROSOFT ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - Currently showing signs of compression at previous structural high. A pullback would indicate a double top. - The candle is still green but is a doji at a very critical price area. Next we want to see...
🐻 Similar to amazon stock I notice a rising wedge from the main structures. This could lead to a fakeout trap as we approach the upside of previous high and selloff. Patterns do not always mean what they are said to mean in the textbook but we can use them to help us look for our next play. The top of the wedge lines up with previous high. Be cautious. Play...
NASDAQ:MSFT Extremely bullish during the Pandemic.
Hello everybody, Since 16 March, MSFT stock was increasing, But since 5 May, the stock enters in an equilibrium zone. To decide the next move, we need to know how the stock will break this equilibrium zone. - If it breaks it hardly above the rectangle, we expect an uptrend. - If it breaks it hardly below the rectangle, we expect a downtrend.
high probability the trend go up to test the resistance zone
If we fail to close this week above 186 then the price will come back to test the 60 MA at around 150 $ but if we manage to close above 186 then will we rebound to target 200 my scenario is to short now to target 150 $ the Bullish scenario is to wait for a close above 186 to buy and target 210