Microsoft potential bearish reversalon DAILY: price is sitting around a strong supply zone in red so we will be looking for objective sell setups on lower timeframes.
Keeping in mind that price can still test our Supply zone again to get more liquidity to be able to push price lower.
on M30: price is trading inside an objective wedge pattern in orange, so we are waiting for an objective breakout below our lower orange trendline last swing standing to sell this one.
meanwhile, Microsoft would be overall bearish, until the sell setup is activated
Microsoft
MICROFOSFT CLOSE TO LEVELOn a technical level, it shows symbols of weakness. The price, close to previous resistance, appears to be affected by a double-top pattern.
On the other hand, Nadella Satya on March 4, the company's executive director, and Johnson Margaret, have been selling on that bullish route, $ 47,200.99 $ 6,162,800 respectively.
My point of view is to wait for the development of this pattern to continue and not enter lightly, since there are also bullish agents that are interfering in it.
The analysis indicates to wait for the break of the support to enter, and not to be carried away by this pattern to enter short.
We could also consider a 2: 1 straddle ratio, with a bullish tilt.
MSFT - MICROSOFT - Weekly & Daily Analysis - SWING -MSFT - MICROSOFT - Weekly - Daily Analysis - SWING -
We have a Double Top Pattern on the weekly chart with a Divergence on the RSI.
The RSI pullbacks straight to the moving average that is now reacting as Resistance,
this is a strong bearish signal for a Swing trade.
Our first Traget will be the 0.382 Fibonacci Level and our second target the Fibonacci level 0.618
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Entry: 188.00 | Stoploss: 200.00 | Takeprofit1: 168.00 | Takeprofit2: 155.00
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Microsoft - MSFT AnalysisReally simple analysis on this one. There's A lot of reasons to be long on MSFT: Strong 1rst Quarter results, EPS increased + growth when other companies quarters were some of the worst we have seen (just wait for the 2nd quarter reports). They're coming out with their own version of the AirPods to compete against Apple. MSFT continued to reward shareholders returning $9.9Bn, up 33% YoY, with $6Bn in share buybacks and $3.9Bn in dividends.
Still waiting on a breather from the market and awaiting the next dip. We're looking to enter if we get into that Golden Pocket zone on our chart in the rectangle and hold for the long term.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
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"Microsoft: reaching our target"4H Chart Explanation:
- Price bounced on the Support Zone and returned to the Weekly Ascending Trendline.
- After that, it broke the Descending Trendline and went towards our main target on the ATH Zone.
- Now, we are waiting price to bounce or break so as to look for long or short setups.
Weekly Vision:
Daily Vision:
Updates coming soon!
the price of microsoft will probably decrease in the coming week
I think the price of microsoft will probably decrease in the coming weeks.
if the price enters the red zone we will have a nice divergence and the price will decrease until the green zone
"Microsoft: bull view" by ThinkingAntsOk4H Chart Explanation:
- Price bounced on the Support Zone and returned above the Weekly Ascending Trendline.
- After breaking the Micro Descending Trendline, it is currently on a Bullish Corrective Structure.
- If price breaks it, potential to move up towards the ATH Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
MSFT is likely to go down for some time .NASDAQ:MSFT is likely to go down to around 172 before bouncing up from there .If it doesn't , If it continues dropping below the 172 area and closes considerably below the 172 in an upcoming day (With a bearish candle) then price is likely to continue its drop until around the 167.5 mark .For people who bought MSFT earlier (Long term investment) I think it would be wise to hold it as long as it doesn't considerably close below the 164,5$ mark.