MSFT still respecting key levels (options)Trading options based on key levels to take profit can be an effective strategy for investors looking to capitalize on short-term price movements. These key levels, also known as support and resistance levels, are often identified by analyzing historical price data and identifying areas where prices have previously stalled or reversed. By entering trades at these key levels and setting profit targets accordingly, investors can limit their risk and potentially realize gains in a shorter period of time. However, it's important to remember that trading options involves risk and investors should have a solid understanding of options trading and market analysis before attempting to use this strategy.
I created these key levels on MSFT in December and they still hold true today. Red levels are daily levels, yellow are hourly levels, and orange are your intraday levels. By my estimation, MSFT looks like it will bounce and find resistance at $260, but if it breaks through, it should go to $264 next. However, if MSFT breaks down tomorrow, we should reasonably target a move to $253 and a further move would go to about $247.
Todays price action was lackluster. There was a nice trendy move at the beginning of the day but it almost completely reversed itself. Watch the wavemaster indicator on lower timeframes for a sign of what is to come next. Right now, I see us in the middle of a range with a higher potential we bounce tomorrow vs go down.
Microsoft (MSFT)
Microsoft I Pullback and rise upwardWelcome back! Let me know your thoughts in the comments!
**Microsoft Analysis - Listen to video!
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MSFT, 10d+/13.55%rising cycle 13.55% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
Microsoft growth doubt$MSFT has been down trending following this parallel channel's support & resistance, now testing resistance at $280 which is perfectly aligned with the daily 200MA & 0.5 fib level.
Fundamentally, fear from Q3 results because of interest rates hike & recession doubts, share holders will take partial profits at $280 or a little bit higher protecting themselves from the negative earnings impact.
DXY soaring:
TVC:DXY
Microsoft A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 200,00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
Microsoft is in Downtrend and It is Expected to Continue Downtrend.
MSFT BEARISHMicrosoft’s (MSFT) MACD in the daily timeframe shows bearish momentum and the price closed below the $251 level. Hence a daily close below $248 could provide short-selling opportunities as prices could retest the $234 support. In addition, an EMA10- EMA20 deadly cross could further support this bearish possibility. In contrast, Microsoft could trend higher if prices closed above $257. Such price action could open the door for a retest of February 2023’s high of $275.
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:
MSFT, Something interesting about to happenMicrosoft is now waiting for something to happen, specially with this GPT news and integration which makes the fundamental side interesting, adding an extra volatility to the stock. Right now after the breakout of the downtrend line and the MA 200 there was a rejection in the 280 zone, price is heading to the downtrend line and the MA 200 that are now powerful supports. If there is not a breakout of those supports and the WTO gets below the 0 section, the long side will be an appealing option with targets at 273.5, 280 and 293.
However, if price breaks such a powerful supports the decline will be the better option and we assess levels then.
Is it “game over” for Microsoft's Activision acquisition?When two hugely successful companies join forces, the initial market response is not always a bullish one, and traders who follow company mergers and takeovers know the only thing to count on is volatility. But what about the long run? Should traders buy in early and wait for the big picture to move the markets?
What’s happened so far?
Microsoft (MSFT) made headlines in January after announcing a hefty $69 billion bid to acquire Activision Blizzard (ATVI), the largest video game developer of all time. The acquisition is Microsoft's biggest ever.
Despite the huge number, this isn't necessarily a crazy bet for Microsoft. Gaming was already a booming business before the pandemic, and lockdowns further increased its appeal.
Estimates put gaming revenue increases at over 20% in recent years, approaching a staggering $200 billion, which has attracted the attention of tech giants such as Apple, Netflix, Amazon, and, of course, Microsoft.
Traders have already seen movement on the charts since the announcement, but the deal isn’t done just yet, as competitor Sony raised concerns about the monopolization of the industry. This brings the UK's regulatory commission, Competition and Markets Authority (CMA), into play.
What the CMA says about Microsoft’s acquisition
The CMA is expected to announce its provisional findings soon, which could either clear the way for the mega-deal, or put an unappealable halt to it.
The CMA has expressed concerns that the takeover could lead to competition issues in the console and subscription market, as well as in the growing cloud gaming sector.
Microsoft's goal in acquiring Activision Blizzard is to add popular games like Call of Duty to its portfolio, which already includes the Halo franchise and Minecraft.
Regulators around the world are worried that Microsoft dominance may soon make it harder for rivals to access Activision's popular titles. The CMA's decision is significant, as UK courts rarely overturn CMA merger decisions, and if the deal is blocked, there is little recourse for Microsoft and Activision.
The CMA's ruling will come before decisions from the EU and the US Federal Trade Commission, which has sued to veto the transaction.
In the hopes of greasing the wheels, Microsoft offered to grant a 10-year license for Call of Duty to its rival Sony. But that doesn’t address the issue that all upcoming Activision titles may become XBOX exclusives, leaving Sony’s PS5 catching dust in the corner.
Conclusion
If Microsoft’s Activision acquisition goes through, MSFT stocks probably won’t make much movement. Even though the purchase is $69 Billion, the effect on the company's profitability won’t be seen anytime soon—if ever.
In contrast, Activision stock soared by 25% after the acquisition was announced.
If the deal is blocked, we may see those early investors pulling out, and a rather rapid correction for ATVI. Don’t forget, last year the CMA concluded that Meta's purchase of GIPHY would limit choice for social media users, and Meta was ordered to sell GIPHY, so it’s not such a stretch to imagine the deal getting canceled.
MSFT is an amazing company to trade either way, but consider focusing your research and analysis on ATVI in the coming weeks and months and be ready for the CMA decision.
- By Paul Reid
Microsoft Desc. Triangle ready to pop to $239.96Descending Triangle is forming on Microsoft.
Can we talk about the gaps and liquidity issues? Is it because of the broker TradingView is showing for the company?
It's shocking and one I avoid trading by all means.
Anyway, the bearish signs are there
21>7>200
RSI<50
Bearish bias
Target $239.96
ABOUT
Microsoft is a multinational technology company based in Redmond, Washington that was founded in 1975 by Bill Gates and Paul Allen.
The company's most famous product is the Microsoft Windows operating system, which is used by over a billion people worldwide.
Microsoft also develops and produces a wide range of other software products, including the Microsoft Office suite, the Edge web browser, and the Xbox gaming console.
It's value is over $2 trillion in market cap
And of course the company is a major player in the field of artificial intelligence (AI) and is working on a number of innovative projects, including chatbots, speech recognition, and machine learning.