Microsoft - Consolidation and BOOM!Hey guys , microsoft has a really strong momentum going on , i see there is a correction coming for it , i'll try to find a good spot to long it.
It has a series of extensions on thirds and fifths and very hard to count so i'll have to try few times probably until i get the right guess of what degree the correction is.
After spending a lot of time in this asset i see this scenario playing out , it's a very strong momentum , please do not short.
Goodluck!
Microsoft
MSFT : New highest peaks comingMSFT Monthly chart
New highest peaks coming!
It continues to move in the bollinger upper band for five years on monthly indicators, will continue to rise and will form new peaks
Indicators and oscillator averages are positive, there is not any reason for to rise.
Hourly charts may have ups and downs
What matters is the general trend and general trend is rising
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
MSFT H2 chart
Double/triple top: MSFT falls first to $77, then eventually $70?Well, sure looks to me that Microsoft (MSFT) has made a double top (and if you count the first peak a triple top).
The confirmation will be if MSFT falls below $87.
A few characteristics of a double top reversal (as published on stockcharts.com's description):
1. Prior Trend: Check.
2. First peak marks highest point of current trend: Check.
3. Trough--decline of at least 10%: Check.
4. Second Peak: Low volume (declining), meets resistance of previous high, and about 1 month passes between peaks: Check, Check, and Check.
5. Decline from peak: Expansion in volume and or accelerated descent: Pending/underway...looking to earnings on 4/26 to provide this gap down stimulus on significant volume (even with a beat, most companies are currently experiencing selling pressure post earnings).
6. Support break: Confirmed when MSFT breaks below about $87. New target at this point will be $77.
If the triple top pattern is in play here, then the next target after $77 (likely after an interval move to test the $87 line of support turned resistance at some point) will be about $70.
$70 would align well with my Elliott Waves and serve as a touch to the trend line where wave 4 that MSFT is currently forming would be complete.
Potential good news for the bulls is that if the above plays out, and they are still in their position at $70, I am looking for a 5th wave up after the trend line touch around $70. I will certainly plan to be going long for a period if MSFT gets to $70!
MSFT 5-Day-Ahead Prediction - 04/11-04/17 PeriodArtificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for Microsoft Corp. ( MSFT ) have been plotted on the chart.
The method used in this prediction is Deep Learning based, and using complex mathematical models/methodologies to extract hidden time series features in vast amounts of MSFT related data.
The expected 5 Day Change is 0.54 %
Predictability Indicator is calculated as : 0.792
Predicted 5-Day Ahead Prices are as follows:
Wed Apr 11 Thu Apr 12 Fri Apr 13 Mon Apr 16 Tue Apr 17
93.058 93.171 93.255 93.328 93.381
Please note that outliers/non-linearities might occur, however our Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World indices/ETFs/Foreign Currencies/Cryptocurrencies.
Feel free to contact us for your questions.
Tech BuBBLE ? Looks Familiar YeS or NO ? This Time Different ?Look at the price action.
Nearly same man. Come on.
But when we look at the other tech stocks microsoft not like x10 price. This is more natural. Same tech shares x10 man. Come on. If something rise x10 this is bubbleeeeee.
Big rise big decline. There is something going on. -1500 dow jones sell of is the begining of the bubbbleee Bang...
BiG SHorT Coming I GUesss...
Sorry MAN. BUBBLEE.
Microsoft? no thanksThe last months have been very good for this successful company however I think it needs a break.
There are too many supports in this chart however, touching the R & S point, would give me enough information to plan the next move. At least for now I have a good map for this kid.
Best wishes to all!
MSFT is having a healthy retracementLet’s start with feeding the bears. Microsoft stock might retrace further. On Friday it was slowing down near a support cluster near the 92.00 level, and closed the session below the monthly PP, standing exactly at the support line of the junior channel up pattern (black lines). That support lies there alone and passing that would feed the bears.
Meanwhile, the healthiness of the market “drop” “nosedive” “plummeting” (as CNBC and other “experts” (click baiters) call it) can be observed while doing the charting with the most basic tools – channels.
Let’s begin by going in from the larger timeframes (I have the chart set on hourly, zoom out). The expectations of big earnings from MSFT caused the pair to break the previously most dominant ascending channel pattern (yellow lines below the stock price). The whole event occurred in the borders of a new dominant channel (blue lines).
So….Further one needs to zoom in to see that the last quarter saw the stock surge, which followed the MSFT earning beat in late October (cool jump btw, much money wow so wow!). The consolidation, which followed the earnings eventually revealed the medium scale ascending pattern (purple lines), which is guiding the pair to the upper trend line of the dominant trend.
In that pattern we have another one (seriously this is the last one).
The black lines represent the junior pattern, which is a result of the whole sentiment that surrounded the Trump’s tax reform starting from December until what we had last week. (Ok, I am getting bored of writing at this point).
The stock price will face the support of the junior pattern first thing on Monday. If it finds support in it and moves past the monthly PP, the levels above the 100 will be the next target (btw, the word on twitter is that some group of analysts, handling loads of cash are being long until those levels, as they changed their price target and announced it,but there are buts to such news...).
If the price drops below the black support, watch for a rebound. The rebound might begin at any level as low as 88.40 ( when the bears have been fed). However, I presume that the purple support would provide the eventual push upwards. In that case scenario the same targets of above 100 levels would be aimed at.
P.S. Remember that large fundamental changes mostly break patterns, so use proper risk management and don’t go long all in like a total “expert.” If Trump does one of his stunts against the markets, we might have just that. (Yes I am refering to that memo and the whole FBI investigation thing.)
Yours sincerely,
Y
Microsoft long-term mega bullAre you still crazy about cryptocurrencies? How about traditional markets, for example Microsoft (MSFT) stock?
Cool guys from Redmond are actively developing a lot of new IT sectors, and in the following years their activity should bring great profits to their shareholders.
MSFT has entered a new global cycle of growth, which is going to be as exciting as it was in 80s/90s.
The rise of the machines and human enslavement will run under good patronage of Microsoft corporation. So, why not become a co-owner of the enslavers, while it's not too late? :)
Thought there would be a break down in Iota...So, I see that Iota broke the support level that I THOUGHT was at about 240000 sat. Or maybe I drew it in the wrong place. Or maybe both or neither. I see Iota wants to be strong. I guess we'll just have to wait for the volume. It really didn't react much to the news yesterday where they said, "Hey, you all misunderstood! We aren't partnering with Microsoft. We're just a client." Iota will break soon. I don't think it will break down. It's very strong and I think we've just about exhausted the bears. I feel the longer we are forced to wait, the quicker the momentum will gather when it's run time. I just hope we're moving up. I'm long.
Currently in downward leg of very short term upward trend toward the resistance at around 270000.
Would someone please tell why I KNOW I'm completely wrong? I should place side bets that all my trades will end up stopping out. I set stops at 30%. I entered this position at $4.60. Can't wait to see how I lose this time.
This is not financial advice. I started trading with $2,000 and now have just over $500. If you take this as advice, expect similar results or worse.