I've made good profit playing MSFT calls over the past year. But now I'm seeing evidence that a major top is in, and there will be some explosive downside near/mid term. Sell zone is 410-420 (so if it goes to 420 I'll take that as a gift to load June puts). Expecting the reversal to the downside to begin by May 10th. Target 1 = 399 by 5/17 Target 2 = 390 by...
Bear pennant here. Looking for a move to close gap a 390 in the next 2weeks.! Larger picture is a correction through a rising wedge (See link).. That correction is still on going and i think Msft will retest 366 before this fall via H&S XLK sector also at resistance here.. Overbought and set for a pullback Stop losses set at 417
Looks like we're on the last leg here of this impulsive move and we will probably top out later this year to complete our 5 waves and after that it will be a multi year bear market...maybe much longer.
Velocity vectors defined, long squeeze imminent. Load your shorts bois, we're going down swinging ;) Love, dysonring2050
TOP 3 REASONS WHY !! Earnings Growth: One of the most important factors for any growth Astock is earnings growth1. Microsoft has a historical EPS growth rate of 21.3%, and it’s projected to grow 13.2% this year, outpacing the industry average. This consistent and robust earnings growth is a strong indicator of the company’s financial health and future...
It seems that with risk management, you can enter a sell position with a target of $358 and a S.L of $432
Was away for a few weeks and surely missed out on many good opportunities. I had swing positions on a lot of things but am now back to being on the charts. Here is analysis on MSFT which we can see signs of tapering forming and also a slight potential bullish indication through one of our algo tricks. Happy Trading :) - TraderDaddyOG
Microsoft ( NASDAQ:MSFT ) is developing a new AI language model, MAI-1, to compete with Google and OpenAI. Under the supervision of Mustafa Suleyman, former Google DeepMind co-founder, the model aims to surpass the capabilities of Google and OpenAI. MAI-1 is expected to surpass Microsoft's previous smaller, open-source models in size and capability, potentially...
#Microsoft which is already in a bear market, is very close to imploding, priced in #Cameco. Guess which of the two you should favor?
At the close of May 3, 2024, this is the second week NASDAQ:MSFT touched the 30-weekly MA and bounced back. Let’s look at a recent time when NASDAQ:MSFT was also trading around its 30-week MA for a while before resuming an uptrend. That was during September and November 2023 (an area where I use the yellow arrow to point to). Below we will zoom in to this...
What an amazing chart... I have wave (1) peaking in December 1999, wave (2) completing a zigzag ABC in March 2009, wave 3 ending in November 2021, wave (4) triple-three ending in November 2022, and wave (5) likely complete in March 2024. Parallel channel connecting waves (1), (2), and (3) provided (along with Fibonacci) strong support for wave (4). MSFT could go...
Microsoft (MSFT) has been trading within a Channel Up since the January 06 2023 low and yesterday came to the closest 1D candle closing to the bottom (Higher Lows trend-line) of the Channel Up since September 27 2023. That was also the last Higher Low of the Channel Up, achieved exactly on the 0.382 Fibonacci retracement level from the previous Low. With the...
The smallest channel will most likely break to the upside. Ultimately we’re going to hit the mid-point of the largest channel. Or hit the low end.
A good time to short sell MSFT as I see a bearish flag continuation pattern forming on the 4H time frame.
Chart says it all. Multi decade parallel channel top has been reached. Now markets are sharply pulling back. Watch for break of long term uptrend red line and ideally short on retest of the red line. Possible HS pattern could play out too, back to 300$ in upcoming months
Trying my best to explain what I see - when you start to see it it will all start to make sense and you will never look at the market the same Happy to answer any questions as always! Happy Trading :) - TradeDaddyOG
Seems to be forming a H&S at the end of a 5-wave on weekly
Let me know what you think! 🤑 Due too Microsoft delayed reaction too it's Q1 and all the good news lately. I suspect that today will close out around 420 for sure 😊