This one is a risky trade as it's all up to earnings, but the chart to me looks like MSFT wants one last leg higher before topping.
If price finds a bottom in this $390 range, then I think we will see a big push higher up to around $450-$500.
Let's see how it plays out.
Pair : MSFT - Microsoft
Description :
Completed " 12345 " Impulsive Waves
Break of Structure and Retracement
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line
If you haven`t entered MSFT when they bought 49% of OpenAI:
nor on the comparison to AMZN and GOOGL:
Then analyzing the options chain and the chart patterns of MSFT Microsoft Corporation prior to the earnings report this week,
I would consider purchasing the 410usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately...
The Greek Option Trader Swing Alert
MSFT 5/3/2024 $402.50 CALL
Profit Target: $403
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Investors often face a dilemma when considering whether to buy a stock just before its earnings announcement or wait it out. This decision can have significant implications for their portfolios. Currently, software giant Microsoft presents investors with precisely this dilemma, as it prepares to unveil its fiscal third-quarter numbers after Thursday's closing...
Microsoft rallied after its last earnings report. Now it may be giving traders another chance with the next set of numbers due Thursday afternoon.
The first pattern on today’s chart is $397.21. That was the low on January 31, immediately after the software giant beat earnings and revenue estimates. Prices had run into the report, and they fell on profit taking....
NASDAQ:META had a negative reaction to earnings yesterday. I was originally thinking that MSFT's earning reaction would be positive but as I look at the chart and options flows, I'm starting to think we're going to see a negative reaction.
I think most likely outcome is that we drop from here to around the $370 level, if that level can hold there's potential...
As Microsoft Corporation (NASDAQ: NASDAQ:MSFT ) prepares to unveil its latest earnings report after Thursday's closing bell, investors are on edge, bracing for potential market-moving revelations. With the stock trading near record highs, all eyes are on whether Microsoft can maintain its momentum and deliver on lofty expectations.
Earnings...
On the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level.
We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast...
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.
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...
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
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...
Nice to meet you. SEOVERIGN - This is SeoVerign.
ElliotT wave perspective predicts Microsoft will end its long climb and crash.
At the peak PEAK, we formed the harmonics (CRAB PATTERN) and started the decline.
If this prediction is correct, I will solve it step by step and explain it to you.
Let's keep an eye on it.
Investment volume, risk management, and...
Microsoft Corp. has announced a substantial 1.5 billion USD investment in G42, the United Arab Emirates' foremost artificial intelligence firm. Following G42's agreement to cease cooperating with China and align itself with US interests, this move aims to bolster G42's utilisation of Microsoft's Azure cloud platform for its AI applications, significantly...
MSFT is at major support of a lower trendline inside of a huge bearish rising wedge.
If the price breaks below the trendline game will be over for MSFT.
Strong bearish divergences on RSI and MACD indicate a break will occur any time soon.
the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Fibonacci Tool.
Microsoft's Butterfly may not be able to continue flying in flammable Sky and buyers' wings will burn.
Buyers Probably Will burn in rectangle (1.27- 1.618 golden level retracement )
Therefore we can expect that MSFT drop step by step to Lower Golden Level.
