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Microsoft Corp.

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MSFT It's funny that the thing that sends the stock up is a tie up with TikTok. Not the great fundamentals.

MSFT 4hr looks promising for a rebound; the chart, MACD, and RSI
Snapshot

FYI, MSFT is not benefiting from the news of UAE sales directly, NVDA is benefiting directly.

Private data is up (PMI rose to ~52.4 in October).
ADP: private payrolls report showed a gain of ~42K.
Earnings season is so far good, for most companies with beat.

The sell off occurred was due to uncertainty, then private data was released.
Late trades on Friday suggests bullishness, but no confirmation yet.

But TBH, technicals suggest otherwise.
We have double top for NVDA & MSFT.
NVDA exports are now even more restricted.
Analysts are starting to split their opinions even more.
Valuations correct, is the correction done? tbh idk.

My (almost gambling) idea, markets will open green, and start to go lower, 50/50 chance it will close red or green, but more than 50% is will head lower after the highs of the opening.

also, M shape bottom hit a support, will it break? up? down? premarket data suggests it'll go up. I have a rule, when I'm confused, I don't trade.

Could government shut down be a part of "let's buy some in this period my friends"
OR is it " careful fellas, $h!t about to go down" ?

Uncertainty, a Trump's market.

MSFT Looks like it is finally time to catch a bid I expect a push into 512-515 before the next pivot


MSFT What is up with this POS? META is having a better recovery and it missed on earnings.

MSFT Double top confirmation coming up?

MSFT from abusing Msft to thanking for holding this level when market is bleeding. We came a long way