As of the latest trading session, Microsoft Corp. (MSFT) exhibits intriguing technical patterns and indicators that warrant a closer examination for both bulls and bears in the market. With the current price standing at $424.59, let’s dissect the chart's tale through various technical lenses.
Ichimoku Clouds: A Bullish Horizon
MSFT's daily price action remains...
In my video yesterday I explained that proof of tapering from our purple HTF buying continuation to an even more tapered blue will lead to a liquidity build and a need to activate a stronger buying algo below. If taken correctly this turned out to be a 15 R:R trade.
Happy Trading :)
- TraderDaddyOG
On March 20 NASDAQ:MSFT reclaimed a previous resistance as show on the chart, and on March 21 went up into new high.
A new high is a good entry point for trend-following traders.
MICROSOFT NASDAQ:MSFT - Mar. 11th, 2024
BUY/LONG ZONE (GREEN): $405.00 - $415.00
DO NOT TRADE/DNT ZONE (WHITE): $400.00 - $405.00
SELL/SHORT ZONE (RED): $394.10 - $400.00
Weekly: Bullish
Daily: DNT, Leaning Bearish
4H: DNT, Leaning Bearish
Wanted to draw up NASDAQ:MSFT after seeing the ranging zone on the daily timeframe, figured I might be able to pick a...
We are seeing rejection from a very tapered blue buying continuation after last week's rejection of purple. We are holding magenta stronger buying continuation so we will need to see this fail in order to get into a further downside trade - however, with additional proof of rejection from blue tapered, we can get in an early short position to at least magenta to...
Already have a position in MSFT and have traded in the past. I am adding on this pullback buy.
I have about half a position size now and will look to build up my position on the next pivot.
Bears/shorts are about to get absolutely slaughtered over the next couple weeks. By the time everyone switches long it will tank... Same story every time.
I just went long MSFT with a buy zone 413-419. I will add if we get another lower low but not expecting that.
Initial target 427 by 4/5.
Goal Target 440s by end of April.
Stop loss close below 407.
Don't...
Hello friends. We see the chart of Microsoft stock and this analysis by EW so be assumed start the 4th wave by abc moving I hope the price touch the 372 $ zone.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
MSFT has been gaining momentum over the long term, indicating a potential move towards the 460 to 470 range by the second quarter of 2024. The stock's stability between 410 and 420 may potentially set the stage for a modest upside of over 10%.
Looks good both technically and fundamentally,
strong earnings, quick recovery after small (less than 3%) after-earnings downside.
All time highs.
Analysts see 8-12% uspide.
I believe MSFT is very bullish according to the trend and the harmonic. I think we can expect this to be 435+ in the very near future.
Not financial advice, good luck to all :)
We need to see yellow strong buying hold us to attempt another breakout of tapering up top. If we fail yellow, our next stop is magenta support which will be important for bullish price action to continue.
We will likely see this happen today - and if we do hold yellow and reject at tapered blue above, I will be taking shorts and expecting a gap down below yellow...
