MSFT charted for 18MarIf we open up below this level, look to short down to CB and leave runners to the floor
Watch out for the bounce on the HOURLY trend level - we could see a nasty bounce. Have a tight SL here.
MSFT trade ideas
MSFT March 14, 24: New High Offers a New BuyNASDAQ:MSFT going into new ATH provides a new buy opportunity.
I would like to see the stock closed at new ATH, in the upper closing range, and with volume confirmation, for the entry point to be valid.
See previous buy points in the related idea.
Who will buy TIKTOK ?Read the latest news here
I hope either MSFT or META would acquire the TikTok business in US and if it falls through, it will add value to their existing business especially META. Some said X would be interested but I doubt so. Looking at Tesla recent share prices, it has been trending downwards and with their aggressive price cuts, there is basically no revenue growth per se. They are struggling in their EV business. Acquiring TikTok is not going to help Tesla in any way nor can it add value to its automotive business.
Who do you think beside these two companies would gain a competitive advantage in acquiring TikTok?
MICROSOFT Correction under the MA50 (1d) expected.Microsoft is trading inside a 14month Channel Up.
The MA50 (1d) is supporting since October 6th 2023, which is the same time length as the last Bullish Leg of the Channel Up.
It seems we are in a similar Bullish Megaphone Top formation.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 395.00 (Support 1, which was the target during the previous Channel Up correction).
Tips:
1. The RSI (1d) is also forming an identical Bearish Megaphone as the June-July 2023 top.
Please like, follow and comment!!
Notes:
Past trading plan:
MSFT 12/3/24 crossing the trendline!?NASDAQ:MSFT , 12/3/24, will present a buy point if it will cross the trendline with confirming volume.
I specially like this kind of setup when the stock is trading above the rising mid-term moving averages: MA-50 (blue), MA-200 (black)
$MSFT Bearish crab pattern reversalWaited long enough to post big names such as these. NASDAQ:MSFT finally reached the bearish crab pattern reversal zone. Wait for consolidation around this area then expect a pull back or deeper correction.
$MSFT bullishRSI, MACD turning bullish. Thr price can follow the upward channel in the short term. Macro needs to remain bullish - marketing expectation for rate cuts must remain high for MSFT to run towards 438 - 440
Microsoft Might Have Done This BeforeMicrosoft has been rallying since October, and now a recurring pattern may be present again.
This chart highlights bullish breakouts by the software giant in October and January.
First you have tight consolidation against support. MSFT first held the October 13 closing price of $327.73, followed by the December 4 closing price of $369.14.
In both cases falling trend lines appeared along the closing highs. Notice how MSFT rallied after breaking those short-term resistance patterns.
Next, the lower study includes our 2 MA Ratio custom script. It plots the ratio of the 8-day exponential moving average (EMA) versus the 21-day EMA. Consider how the ratios turned positive before each advance.
Fast forward to March 2024 and similarities are potentially visible. MSFT has mostly remained above the February 20 close of $402.79 and prices are back above a falling trendline. The ratio of the 8-day and 21-day EMAs is also turning up.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
MSFT 4HR CHARTQuestion what happens here? Do we breakout this week or do we continue to just trade in this range for another week or two? IDK but I like being able to see these trends. Only if I had unlimited money to take these trades, but one day I will be a great investor/trader also a better technician!!!!
MSFT - Why I took swing calls overnight -how I predicted the gapSupport by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos.
More analysis like this to come! Stay tuned!
Happy Trading :)
MSFT charted for 13Mar24At the break below 414.40, I will be looking to go short. We have a ton of empty space below.
TP = 413.60 / 412.50 / 409.60
In order to go long, I'll need to see a pullback to 415.35 and an open above the current resistance.
$MSFT - Potential bullish pennantNASDAQ:MSFT Potential bullish pennant forming. $450 to $460 measured move. Conservative estimate is $433.
Breaking above $416 - $420 is bullish.
Breaking down below $400 is bearish.
MSFT loves bull flag wedges?Weird little trend it has had for the last few months.
Could possibly exploit this trend. Not sure if its too late.
Use a stoploss please!
Possible downside on microsoft?Microsoft could possibly be moving to the downside from what I see. Might make an opportunity to make a trade.
MSFT Bull FlagA mentor of mine pointed this pattern out to me today and it does look like a winner given its ventures in AI. Microsoft seems to be in a bull flag pattern, and there is alot of news that can come out this week to see MSFT break out upwards to HH's. Goodluck everyone, be smart, be patient, and trade on!
Correction Coming?There is a good chance 5 waves up here have completed and we're going to start correcting hard - there is also the possibility I'm off by 1 high but structure fits for this count to be valid.
MSFT Knock-knock: Support?MICROSOFT seems to have found some kind of support, let's see the macro and how it will continue but I am entering on a long trade here... with a small portion of my capital tho.
Microsoft: Strategies for Correction 🛠️Microsoft (MSFT): NASDAQ:MSFT
We remain steadfast in our primary scenario for Microsoft , which suggests a significant correction is underway. Thus far, there have been no deviations from this expectation.
Upon closer examination of the 2-hour chart, we observe that the subordinate Wave (B) precisely reached our targeted 127-138% retracement levels. We now anticipate a similar overshooting movement downwards, surpassing Wave (A), towards Wave (C), and subsequently the overarching Wave (a).
Unless we breach the $420 to $422 level, we do not foresee a continuation of the upward trend. A broader view on the two-day chart indicates that Wave 5 should ideally conclude at the 61.8% extension, implying a possible rise to $430. However, this is not certain. If we are experiencing a flat correction, the outcome could exceed this level depending on the origin of Wave A. Nonetheless, a subsequent downturn should be expected unless we surpass the corresponding 138% level.
The precise location of the 138% marker remains undetermined until we establish the position of Wave A, which we currently project to align with Wave 4, around the $160 to $175 level.
Downturn CorrectedThe second big downturn had begun on March 4th. It has been retraced today. As we saw a second corrective downwave of the long rise since January I expect another corrective move down now to test the bottom of January 31st again.
It will intensify when the (red) MA is broken.
MSFT - Price PredictionMSFT is at the top. Getting ready for Sell. Analyze it for yourself before you take any step. This is not financial advice.
MSFT to recover 412?kinda bullish on this. empty space full of money $$$$ if it can hold over the box its gonna fly. if not back to the bottom of it we go
MSFT - Microsoft - buying idea Dear traders,
Id like to share this idea in order to take long positions, basically the price is consolidating after the rally.
390- 400$ is is a good price range to look for buying opportunities. Targeting around 450$.
Additionally RSI is relaxing as it got a very overbought area.
best,
MSFT: The risks of selling shortNASDAQ:MSFT ran down yesterday but is reaching the low of the support today.
The next tier of support is outlined also from the Dec-Jan Buy Zone ahead of earnings season.
The risk day traders are taking selling short is if it runs below the low of the support and the Dark Pools surface to buy below its fundamental price level. This is why selling short is risky at this time. Support is around $397.
The big question is where are the lows for fundamental levels for the next quarterly report. MSFT had higher revenues with slightly lower earnings. The CFO did not adjust earnings. It could gap or run down on news, but fundamentals are not way below the current price.
