Microsoft - We Will See A Correction!Microsoft ( NASDAQ:MSFT ) can actually create a correction:
Click chart above to see the detailed analysis👆🏻
Microsoft is one of the strongest stocks over the past decade and also over the past couple of months, there was no clear sign of weakness. Therefore, it is actually not extremely likely that a correction will happen, but if it does, this will offer a long term texbook trading opportunity.
Levels to watch: $420, $350
Keep your long term vision,
Philip (BasicTrading)
Microsoft
MAGS (Roundhill Magnificent Seven ETF)... Time to BUY? YES!!The Roundhill Magnificent Seven ETF offers equal weight exposure to the “Magnificent Seven” stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. MAGS is the first-ever ETF to track the Magnificent Seven.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Microsoft - Correction Is Not Over Yet!Microsoft ( NASDAQ:MSFT ) can still drop a little lower:
Click chart above to see the detailed analysis👆🏻
It seems like the correction on Microsoft is not over yet and following previous price action and market structure, a move back to the previous triangle breakout level seems to be quite likely. However Microsoft still remains in an overall bullish market so looking for long setups is best.
Levels to watch: $350
Keep your long term vision,
Philip (BasicTrading)
Microsoft - It's That SimpleHello Traders, welcome to today's analysis of Microsoft.
--------
Explanation of my video analysis:
In 2019 Microsoft stock started creating a major bullish trendline which was tested again in 2020 and also the beginning of 2023. Furthermore Microsoft also broke out of a massive ascending triangle formation and is now just looking extremely bullish. If Microsoft retest the previous breakout area mentioned in the analysis, we will be looking for long continuation setups.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Microsoft - Triangle BreakoutHello Traders, welcome to today's analysis of Microsoft.
--------
Explanation of my video analysis:
All the way back in 2014 Microsoft stock perfectly broke above a major resistance area at the $35 level and entered a +1.000% bullmarket. Over the past three years Microsoft has been trading within an ascending triangle and recently broke out towards the upside. If we see a retest of the breakout level mentioned in the analysis, I am looking for bullish trading setups.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Is ETH about to breakout? Is Crypto going to do a Microsoft?Eth has yet to breakout of base
Being the leading ecosystem it is somewhat surprising Eth has yet to breakout of the base formed tho it does offer a potential opportunity. If Eth can run then it has a few open bar candles on the weekly that would be ideal to close out.
The rotational opportunities if holding eth post eth breakout are great
If Eth breakouts of this base then many smaller coins (esp eth based) are likely to continuing moving up. So the opportunity to compound eth profits by rotating post breakout is grand. This opportunity is not as highly provided to those who just hold the smaller caps that are waiting for either a btc or eth breakout.
MSFT makes up 1/4 of the big4 tech companies that dominate S&P500
S&P500 and bitcoin are correlated so far. With MSFT leading the big4 tech companies and MSFT breaking ATH then it gives the impression there may be room for crypto to do similar things (should trend continue).
MSFT, PULLBACK Momentum, Positions Trigger, BEARISH-Indication!Hello There!
Welcome to my new analysis about MSFT Stock Price Action Analysis on Several Timeframe Perspectives. In the recent times MSFT has emerged with a crucial pullback to the downside almost printing over 10% of a bearish pullback. In such occassions a big question is if the bearish momentum will accelerate into the bearish direction and if higher inflation rates could heavily increase such a bearish momentum. In any cases the bearish momentum wave could trigger further long-liquidations down the path.
In my chart you can watch that MSFT is about to complete a huge ascending-wedge-formation and such a ascending-wedge-formation is likely to lead to a massive pullback and bearish reversal once it has been completed with a breakout below the lower boundary. Currently this pullback could be triggered when MSFT moves below the remaining supports between the 315 to 320 area as many many long-positions are waiting below this area this will lead to such a bearish momentum that a reversal into the other direction will be unvalid.
There is the possibility that MSFT firstly stays within the area and bounces in the remaining supports to form something like an initial reversal, nonetheless MSFT has still huge resistance levels in the structure especially when moving into the upper boundary of the ascending-wedge-formation this upper boundary is a paramount resistance-zone from where the pullback to the downside is inevitable. This means that also with the initial stabilization the completion of the whole ascending-wedge-formation will shape a reality for MSFT and complete the pullback and liquidations down the path.
If the bearish momentum accelerates so heavily once the wedge has been completed it will be highly decisive on how MSFT moves into the final target-zone of 220 because if the bearish momentum should be that high that a reversal in this area will not be possible this will complete the huge double-top-formation and will accelerate even more liquidations to point to a scenario of MSFT moving below the 150 area.
For now the bearish scenario for MSFT should not be underestimated and should be watched and because of this we will keep having the symbol in our watchlist and adjust to changing factors.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
Microsoft -> A Long Term Double Top?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Microsoft💪
On the monthly timeframe you can see that Microsoft stock once again retested the previous all time high at the $340 level and once again rejected it towards the downside.
You can also see that after the recent retracement on Microsoft, MSFT stock is approaching previous structure at the $320 level from which we could see a short term bullish bounce.
And last but not least I am just waiting for the daily timeframe to shift back to a bullish market before I then do expect a short term rejection away from the daily and weekly support area.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Microsoft -> It's Now Or NeverHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Microsoft stock just recently created an awesome double bottom and also already broke above the neckline confirming the weekly pattern.
As we are speaking the market is retesting the neckline of the double bottom which is now turned support so from a weekly perspective I just do expect the continuation towards the upside from here.
On the daily timeframe however the market is currently massively bearish and I definitely don't want to catch a falling knife so I am now just waiting for some bullish structure on the daily timeframe before I will look to enter longs to capitalize on the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Microsoft -> All Timeframes Are BullishHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
Microsoft is looking extremely juicy right now. From a weekly perspective we just created a long term double bottom and we also broke above a long term downtrend line.
There is definitely the possibility that after a short term pullback, we will start the next bullrun from here, creating new all-time-highs in the process.
From a daily perspective I am just waiting for a short term retest of the weekly neckline of the double bottom and then there is a very high chance that we will also see the daily continuation to the upside from here.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Microsoft -> Very Bullish Inverted Head And ShouldersHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
Microsoft just recently perfectly tested and rejected a quite strong and obvious previous support/resistance zone towards the upside. It also seems like Microsoft is about to create a double bottom from a weekly perspective, which is generally speaking a very bullish pattern, leading to more upside potential.
On the daily timeframe we actually have a quite interesting situation. You can see that the market is currently crating an inverted head and shoulders and just yesterday and today broke above and retested the neckline, which again is simply previous resistance which is now turned support.
Now from here I do expect further continuation towards the upside, confirming the bullish inverted head and shoulders pattern.
Thank you for watching and I will see you tomorrow!
Microsoft Analysis 01.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Microsoft Analysis 23.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
MONDAY LIVE: USA Index and Forex OverviewHi Traders,
This is my view for this week on:
- SPX500
- NASDAQ
- APPLE
- MICROSOFT
- EURGBP
- USDJPY
- USDCAD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
Pit