Microsoft
Microsoft New Trend?!As you can see on the weekly chart, i believe Microsoft as finally broke out of the normal trend it has gone to the next step up. I believe that the 208 to 212 area might be a drop back support zone in the event some bad news or something crazy happens. Yesterday i think was the day that determined where the trend was going but i think the Tik TOk possiblility drove it a little more then it should of gone. Thats just a "maybe" situation. A lot of speculation. But this is JUST A IDEA! Thoughts and ideas are appreciated.
Microsoft Trading opportunity in the mid termwell, let's try this again. I had basically finished making this post, but I pressed esc on my keyboard and my whole blog post got erased. So, I am a little tilted, a little triggered, but let's move past this into the t.a.
Elliott wave analysis: The elliott wave analysis, similar to AMD, took me quite a while. There were a lot of probable wavecounts, but it wasn't until I really started to look into the price action, that the wavecount I have right now, appeared to me. As I am writing this post, we have just ended the wave four, and are beginning to start the wave 1 of A, of the great wave 5. The target for wave 5 is the 247-260 range. This is because it is the 0.764 extension of waves 1-3-4, and it is the 3.618 extension of wave 1-2. Now some of you are wondering why I didn't make the first target the 0.618 of waves 1-3-4, and this is because, there is such a strong cluster at the 0.764. Once the wave a unfolds, I will be able to give a more accurate target, but for now, we just have to forecast on the information at hand.
Moving average analysis: The moving average analysis on the 1 hour is telling us a very important story. We have been riding the 200 ema for quite sometime, so long that the 55ema, is also starting to ride the 200 ema. This is important, because if the 55ema break downwards, we are headed a lot further down, but a bounce off of the 200 ema for the 55ema, is great confirmation that what I predict is going to come true. On other time frames, such as the 2 hour -daily, we are steadily cruising on the 55ema, which is an alright sign.
Macd analysis: The macd on the one hour, is providing us with a huge signal that we are headed up. We have crossed over not once, but twice on the negative side, and the most recent one being so close to the zero line, that it shows huge bullish momentum is at play. On other time frames, such as the 2 hour, we see bullish divergence on the macd, and higher timeframes such as the 4 hour and 6 hour, show a cross on the negative, and a bullishly diverging histogram. So tldr, we have lots of bullish signs that support my belief that we are headed up.
RSI Analysis: Finally the rsi analysis. The RSI on the 1 hour macd is looking KILLER. We are seeing major bullish divergence, meaning higher highs and higher lows. Something interesting is the action that has taken place on the daily rsi.We can see that we have failed to break into the overbought territory on the daily in the past couple days, but have found the support in the bottom of the bullish territory. I think this might imply that we are headed back up higher. I believe that before msft starts to correct, we will see an oversold RSI, or atleast some bearish divergence on the daily. Meaning higher highs on the price action, and lower highs on the RSI.
In summation, this looks like a really great trade to take.
Target 1 is 250
Target 2 is 260
The stop loss is below the most recent swing low, so 197.
All in all we have a risk to reward of 6.6, which is crazy.
Anyway, best of luck trading this week, and made the stock market gods look favourably upon you.
Microsoft - MSFT Technical AnalysisBased on Technical analysis, the idea is to go long for a long term investment.
The market is bullish, confirmed also from the Exponential Moving Average. The trendline has been broken showing a signal of weakness of the market and the wisest option at the moment is to wait the end of this price retracement before buying for a long term investment.
Options:
1. Short term - go short - too Risky
2. Long term - go long - but wait the end of the price retracement.
Fundamental Analysis:
Trump says he will ban TikTok through executive action as soon as Saturday
Trump’s comments come as it was reported Friday that Microsoft has held talks to buy the TikTok video-sharing mobile app from Chinese owner ByteDance.
Microsoft Hitting Major Channel Resistance. (MSFT)We all know if you go back in time till now on Microsoft it has an insane parabolic curve.
I currently have a channel drawn out between the two lines.
Arrows and red line is Resistance.
Green line is support.
We are seeing the overall trend from the last impulse hit the top level of Resistance in the channel, where we have seen previous good size selloffs occur at.
The ema dots are all red and the custom rsi has already dropped off.
I'm in favor of a short up here at this top level of range.
I think it would be healthy to see a pullback here.
Microsoft: Rebound on the 1D MA50. Targeting $217-230.MSFT made a (near) rebound on the 1D MA50. Even though the 1D chart is technically neutral mostly (RSI = 49.013, MACD = 2.140, ADX = 33.401), the RSI is providing the first strong Buy Signal since March, as it entered the 41.50 - 48.00 Buy Zone. That was a strong accumulation region from August 2019 to October 2019, so even though the price may drop some more and touch the 1D MA50, we take this as a strong buy opportunity.
We aim at the completion of a +40% extension from the last time the price made contact with the 1D MA50 (early April 2020), and set our Target Zone at 217 - 230.
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$MSFT has peaked$MSFT reached the high and a top of the steep resistance line 218 then fiercely broke the rising trendline and triangle consolidation making a strong case for the downside reversal sand a test of 190 for a complete breakout. Remember losing strength here is not a good sign for bulls as well as this selling pressure and rejection.
[$WAVES] Do you wanna ride the Waves with me ? Version Francaise & English Version below
Version Francaise
Bonjour à tous,
Aujourd'hui, je vous propose un éclairage sur le projet Waves
Waves est une plateforme de blockchain que vous pouvez utiliser pour créer votre propre jeton personnalisé. Selon leur site Web, vous pouvez créer votre propre jeton en une minute seulement. Waves comprend également un échange décentralisé, DEX, dans lequel vous pouvez échanger votre pièce nouvellement créée dans une paire de négociation avec n'importe quel autre jeton Waves.
Récemment, Waves a conclu un partenariat avec Microsoft pour baser leur blockchain sur Azure ( azure.microsoft.com)
D'un point de vue technique, en 3 Jours, nous avons un set up interessant puisque le prix est sortie d'une structure d'accumulation avec un volume important et le prix s'établit au dessus du nuage d'Ichimoku ( la lagging span est à surveiller car en cours de passer la précédente figure de consolidation ( triangle). Une cloture au dessus serait un signal d'achat fort.
Les différents niveaux de surveillance sont notés sur le chart.
Comme toujours, on reste prudent puisque nous venons de butter à deux reprises sur la résistances 3 Jours.
Stay Safe, Trade Safe,
PEACE
---
English Version
Good morning, everyone,
Today, I'd like to shed some light on the Waves project...
Waves is a blockchain platform that you can use to create your own custom token. According to their website, you can create your own token in just one minute. Waves also includes a decentralized exchange, DEX, in which you can exchange your newly created coin in a trading pair with any other Waves token.
Recently, Waves has partnered with Microsoft to base their blockchain on Azure ( azure.microsoft.com ).
From a technical point of view, in 3 Days, we have an interesting set up since the price has broken out of an accumulation structure with a large volume and the price is established above the Ichimoku cloud (the lagging span is to be watched because in the process of passing the previous consolidation figure (triangle). A closing above would be a strong buying signal.
The different levels of monitoring are noted on the chart.
As always, we remain cautious since we have just hit the 3 Days resistance twice.
Stay Safe, Trade Safe,
PEACE
MSFT - EARNINGS...!Microsoft - MSFT - Earnings.
We have earnings this week, had a beautiful bullish channel will we break to the lower time down or continue the bullish momentum...It's at an interesting area on a technical view as well.
Add alerts, take which ever price action takes you.
Remember: Just a trade idea, not a recommendation.
All the best.