I've made good profit playing MSFT calls over the past year. But now I'm seeing evidence that a major top is in, and there will be some explosive downside near/mid term. Sell zone is 410-420 (so if it goes to 420 I'll take that as a gift to load June puts). Expecting the reversal to the downside to begin by May 10th. Target 1 = 399 by 5/17 Target 2 = 390 by...
The smallest channel will most likely break to the upside. Ultimately we’re going to hit the mid-point of the largest channel. Or hit the low end.
#Microsoft which is already in a bear market, is very close to imploding, priced in #Cameco. Guess which of the two you should favor?
Microsoft ( NASDAQ:MSFT ) is developing a new AI language model, MAI-1, to compete with Google and OpenAI. Under the supervision of Mustafa Suleyman, former Google DeepMind co-founder, the model aims to surpass the capabilities of Google and OpenAI. MAI-1 is expected to surpass Microsoft's previous smaller, open-source models in size and capability, potentially...
Microsoft (MSFT) has been trading within a Channel Up since the January 06 2023 low and yesterday came to the closest 1D candle closing to the bottom (Higher Lows trend-line) of the Channel Up since September 27 2023. That was also the last Higher Low of the Channel Up, achieved exactly on the 0.382 Fibonacci retracement level from the previous Low. With the...
At the close of May 3, 2024, this is the second week NASDAQ:MSFT touched the 30-weekly MA and bounced back. Let’s look at a recent time when NASDAQ:MSFT was also trading around its 30-week MA for a while before resuming an uptrend. That was during September and November 2023 (an area where I use the yellow arrow to point to). Below we will zoom in to this...
What an amazing chart... I have wave (1) peaking in December 1999, wave (2) completing a zigzag ABC in March 2009, wave 3 ending in November 2021, wave (4) triple-three ending in November 2022, and wave (5) likely complete in March 2024. Parallel channel connecting waves (1), (2), and (3) provided (along with Fibonacci) strong support for wave (4). MSFT could go...
A good time to short sell MSFT as I see a bearish flag continuation pattern forming on the 4H time frame.
Chart says it all. Multi decade parallel channel top has been reached. Now markets are sharply pulling back. Watch for break of long term uptrend red line and ideally short on retest of the red line. Possible HS pattern could play out too, back to 300$ in upcoming months
Microsoft had great earnings recently and after the announcement buyers rallied the shares...only to see that confidence 100% eroded as of today. What are traders telling us about Microsoft? My analysis shows a minimum target of $370 with a decent chance of seeing $343 or slightly lower in the coming weeks. Best to all, Chris
The Greek Option Trader Swing Alert MSFT 5/3/2024 $402.50 CALL Profit Target: $403 *Disclaimer* We do not provide financial advice, all content found in our channels is for education purposes only. We will not be held liable for any actions taken by you as a result of what you learn or see. What We teach & share is PERSPECTIVE only.
Given the recent decrease in earnings and the substantial holdings of shares by major institutions, it appears prudent for investors to consider taking profits and bolstering capital. This is particularly pertinent given the current bearish sentiment in the broader market, as evidenced by the downward trends in indices such as the S&P 500 and DJIA. Against this...
MSFT has done a bearish breakout on the ascending channel formed. Even though we have seen a nice sell off followed by the breakout confirmation, we witness a fake breakout on the highlighted support. Inorder to expect a continuation in the downfall, we need a clean bearish breakout on the support formed.
I personally don't trade this stock on the long side due to personal believes. But I dont mind shorting it with puts. MSFT is bearish on daily timeframe Today’s action hit its golden retracement pocket, as I was expecting after seeing yesterday’s AHs action. The downside action remains the same - 370, and TTR long with Jun expiration 395 puts
Losing on a trade when you think it will go up, especially after following EMA's does not feel okay. If you look at these 2 charts one is Amazon NASDAQ:AMZN and the other is NASDAQ:MSFT Microsoft. Now Microsoft crashed on the earnings report to about -4% This type of move really shocked me. Because I was expecting the price to follow the trend lines and in...
Seems to be forming a H&S at the end of a 5-wave on weekly
Let me know what you think! 🤑 Due too Microsoft delayed reaction too it's Q1 and all the good news lately. I suspect that today will close out around 420 for sure 😊
MSFT can run up on a day trade to 399 to close a Daily FVG close. Or continue to fall and break past the Weekly Gap close at 388. Depending on the FOMC Press Conference we could have a volatile day in the markets.