Microsoft Corporation
Ticker: MSFT
Idea: Long
Horizon: 1-2 months
Target 1: $264
Target 2: $281
Stop order: $233
Entry range: 238-241 USD
Technical analysis
The price is in the support zone around $241, where a local bounce up can be formed.
Fundamental factor
Microsoft is one of the largest multinational companies producing proprietary software for various...
Microsoft Stock Analysis. The biggest sell-off in history has been happening since the end of 2021. Long-term shorts are playing out on Microsoft stock.
New supply levels are being created on the weekly timeframe; the last one is located at $256 per share. Microsoft's stock price today is still bearish. The stock might take some time to pull back to the supply...
The next level of support is at 233 levels, I would go long at 233, with a stop at 230 level and target at 241 levels.
Based on how this stock is falling, I feel this should happen around its earnings timeframe.
P.S. The only worry is that quite a bit of revenue for Microsoft is generated from rest of the world. With this strengthening of dollar, the revenue is...
Here is a possible pullback considering possible prices of resistance including the lowest price of an old candle, the 50% of the fibonacci retracement (where retracements are more likely to happen). The price already hit the zone but it is common for the price to come back up before the day end. Furthermore, the 50% fibonacci retracement also happens with the...
On H4, with the price moving within the descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 236.25, which is in line with the 78.6% fibonacci projection to the take profit at 208.8, where the 78.6% fibonacci projection is. Alternatively, the price may rise to the stop loss at 252.14, which is in line...
On H4, with the price moving within the descending channel and below ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 236.25, which is in line with the 78.6% fibonacci projection to the take profit at 208.8, where the 78.6% fibonacci projection is. Alternatively, the price may rise to the stop loss at 252.14, which is in line...
The weekly chart shows a nasty "Bullish flag".
Even though this pattern is bullish, there are bearish signs to consider.
Take the S1 Weekly Pivot as our first example.
It was acting as a support, but now it is acting as a resistance, as the price has broken through (and managed to stay below) with high volume.
The RSI is still falling and has plenty of room to...
Price did not play out as expected in my last analysis. Price has taken the lows at 238.07. My expectations are unchanged, I'm expecting a bullish retracement into the bullish POI at 251.94 and possibly filling the fair value gap at 260.40.
1st time this happens ever since the trend turned bullish in 2012 for $MSFT. By the end of the month, we will get confirmation of a potential bear market trend starting to gain traction here.
Investors had a tremendous 10 year run ever since but it appears to be over.
Best of luck!
Ivan Labrie.
The Federal Reserve’s hawkish policies this year have punished megacap growth stocks, as most traders know. The resulting gloom has dragged two of the market’s four trillion-dollar companies to potentially important levels: Microsoft and Alphabet .
Both hit new 52-week lows yesterday and are near levels where they bounced earlier in the year.
MSFT slipped...
lower volume yesterday in combination with parallel trend line test on w2 /w4 sets up a higher probability that this is indeed an end of impulse wave.
edit: it should be resistance not support
This is the level I wanted to see. If this can hold here would be a great r/r for a long. Watching what happens at this area for the day. Hopefully this holds and can recover from here.
