The technology sector should rebound at least 16% from recent lows before April 2019. This rotation in the US equities markets is a very healthy process and my predictive modeling is suggesting that this IS NOT A TOP. We still have a ways to go before I will be calling a top in this market.
The Technology sector is where real share growth has been focused over ...
Looks like the perfect wedge to short for Microsoft. But US tech stocks have been crazy lately so it's not without risk, but the risk reward is amazing. If it does make a drop, it could potentially become a big H&S as well, but i think that might be too early. I am still waiting for the US stock market to crash, to start the long term bear market, but Americans ...
After the recent correction, prices are recovering and we can expect it to go higher. Place TP levels before the previous high of $116.18.
SSB: Ensure all indicators are bullish.
MSFT bounced off its support at 11.63 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 109 (76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is testing its support at 18%.
See chart for annotation. This does not bode well for DJIA. We have had lower highs in what can be argued to be two consecutive LPSYs. Next move would likely be a major SOW that shoves a new low.
Microsoft is nearly as valuable as Apple market cap-wise. The price correlation between November 16th until now seen some outmost positive growth. Even with some slight negatives from today, you can expect a very soon price target of $115. Also expected is Microsoft to rally past its 52 week high as a company. While, Microsoft isn't on my portfolio, it still shows ...
Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company's segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company's products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. It also designs, manufactures, and sells devices, including personal computers (PCs), tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, that integrate with its cloud-based offerings. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services.
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NASDAQ:MSFT
