Microsoft. Will “chaptGPT” “trigger” its price higher? 13/Feb/23Microsoft probably resuming its “crash” @ 308 or 285 +/-.. As wave (B)( Cyan) is an expanding flat ABC (yellow). Or running flat pattern.
Microsoft (MSFT)
$msft weekly close Microsoft (MSFT) had a great start this week with the announcement of its new AI partnership with OpenAI, as well as some positive signals from its double bottom pattern. However, by the end of the week, MSFT seemed to be losing momentum and experienced a pullback to its support level. The question now is, will it be able to hold or will it falter?
$aapl to the dirt ???Over the past few weeks, not only Apple but the tech sector as a whole has seen a bullish trend. However, as this week comes to a close, we have observed a shift in momentum, as the weekly candle has formed an inside bar (bearish harami), setting the stage for a potential double top pattern.
Bullish Case For Nvidia...Bullish cash for Nvidia. Corrective ABC wave with a strong C wave up. Which match up with bullish case for S&P500 with price target of 4365.
$Googl to the dirt ? #googl $qqq Today, Google opened higher, testing the weekly low. On the 30-minute chart, a double top has formed and the break-out level is seen at $93.63. A $2.66 move downwards is expected. It will be interesting to observe in the coming weeks whether this pattern plays out or if the shareholders intervene to prevent it.
$NQ did the #NQ find support??Did the NQ find support or is it come down side to come if $12,273.00 holds i can see a pull back to the zone around $12,376.50 but if we break support to the dirt we go to the zone around $12,171.00
$GOOGL OverreactionThis situation is quite silly. The media is blowing it out of proportion and believes OpenAi is the second coming of Jesus. Google has 91% market share of Search, and Bing has about 2% share. Microsoft, part owner of OpenAi, plans to grow their search efforts and compete with Google search. The threat is that Bing may take a couple percent. In reality, people won't be switching their browsers where they have their passwords, addresses, bookmarks, email account, extensions, payments, and more saved over an implementation of ChatGPT, which they can just use separately from search.
Remember, people hate change, especially when it ruins convenience. ChatGPT is cool, and I've been playing with it since December, it has plenty of it's own problems. No one has invested more in Ai then Google.
As far as the trade goes. Any buys at this level are a good entry. $85-$90 even better.
$MSFT had a nice run looking the 4hr chart close on $MSFT it put in an evening star so im be looking for a red day maybe a red week coming
Microsoft has likely put in a near term topMicrosoft just provided an epic sell signal to the market.
The extreme reversal on volume after MSFT was up 3% and closed the session negative is indicating the sellers are emerging.
If the second largest company has put in a near term high, we could see the tech sector subdued.
Now we wait for other sell signals.
A 50% retrace is typical after a strong reversal but so is a gap down.
Massive signal from the market today! Daily AnalysisWe discuss all the major indices and fundamentals heading into the important Jobs number tomorrow.
The market is in a vulnerable point especially if the economic data comes in better than expected.
Massive earnings tomorrow could add to the volatility.
2 important market signals today from 2 leading stocks.
MicroSoft Going Hard on Google (unveils ChatGPT vs BARD) Charts first: 258.78 is double support we can count on, structure is quite strong.
313 will be our main target for 2023 and it could come fast as the news are Huge:
Microsoft has announced a new version of its search engine Bing, which incorporates the latest in artificial intelligence.
The overhaul deploys OpenAI's ChatGPT technology, which has taken the world by storm since its launch last year.
The move is by far the biggest threat Google has seen to its dominance in web search - and marks the beginning of an AI arms race between the companies.
"The race starts today," Microsoft boss Satya Nadella said.
Developed by Microsoft-backed OpenAI, ChatGPT uses deep learning techniques to generate human-like responses to search requests.
At the same time, GOOGLE announces their response to ChatGPT, in a race to come ahead of the popular AI service funded by Microsoft.
Google’s Bard AI will soon enter beta and will be available to select testers around the world, months after OpenAI’s ChatGPT exploded in popularity.
This will be interesting to watch and I do have a feeling that Google will win but the race will benefit Microsoft, at least temporarily.
One Love,
the FXPROFESSOR
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:
$MSFT 255 Backtest triggerMSFT had a couple entries off the 255 level we had for the Back test. Just a couple quick scalps for now as SPX still has yet to clear above 4140. Id remain Bullish on MSFT as long as 255 holds.
HSY who doesn't love chocolate for Valentine's Day As a leading manufacturer of chocolate and sugar confectionery in the United States, Hershey Co. is poised to generate significant profits during Valentine's Day with its well-known brands such as Hershey's, Reese's, Twizzlers, and Kit Kat. Despite the recent controversy surrounding the missing "tips" on its Hershey's Kisses, the company's holiday-themed packaging, such as heart-shaped boxes, is expected to boost revenue even further. In 2018, Hershey Co. recorded annual revenue of $7,791 billion, a 3.67% increase from the previous year. According to the company spokesman, Valentine's Day ranks as Hershey's fourth largest season, following Halloween, Easter, and Christmas. going to do a live stream to talk more about the chart
MSFT ShortI think MSFT stock can retest $234 level again. I am bearish on MSFT. Trade levels are as follows:
Entry: $258
TP: $234.91
SL: $267.93
Risk/reward: 2.33
$MSFT Trade Idea 2/6/23$MSFT
MSFT staying a relatively strong name. MSFT had a nice 20 point run from the 243 level this week before pulling back with SPX on Friday. If MSFT can Back test and hold the 255 level early this week we can see a move through 263 to 270. Id would wait for 250 to fail to consider puts.
Trade Idea:
MSFT 2/10/23 270 calls
Entry: Above 263
Target: 270
MSFT 2/10/23 260 calls
Entry: Back test of 255
Target: 263.34
Roll: 270 calls above
Microsoft - Extreme Bearish SentimentI see a gruesome bloodbath in the American stock market. Stocks are showing heavy bearish sentiment. Microsoft rose to as high as $349. A drop started at that price point and will continue right down to 141. A BREAK OF STRUCTURE at 141 will then send the price falling to around $14 (My Point Of Interest).
Things are really getting interesting!!!
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Smart Money Concepts are king in the market. Move with the big sharks or get ravaged!!!
$QQQ: Quarterly trend expiring...The quarterly timeframe chart had a trend signal that formed when the market broke out of the range that formed before and after the pandemic shock and subsequent lock public health, fiscal and monetary policies impacted equities. The stimulus driven bonanza ended and the market topped as the world knew the Fed would embark in quantitative tightening to normalize policy. Very curiously even perma bears and perma wrong value investors waiting for a dip got bullish, marking interesting contrarian signals for a top in late Nov 2021.
Now that the tides have turned, former winners have become the worst performers and riskiest assets to own long term due to the change in fundamental variables and the huge bubble that formed and is popping right now. The weekly $QQQ chart could flash a big weekly down trend during next week, for that reason I bot a put spread expiring on June 17 to reduce my portfolio's risk and profit, being this bear put spread OTM one of my main bearish plays I got going right now. If price stays below the weekly mode area for the whole week, the signal will confirm and we will see the Nasdaq names slide down dramatically until mid June easily. Longer term, this chart pattern points to a decline lasting well into 2024, and suggesting painful downside can happen in this ETF and associated names.
Best of luck,
Ivan Labrie.
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!
MSFT daimond bottomThe diamond bottom pattern is not a common formation but is considered a strong bullish reversal pattern amongst technical analysts. This bullish reversal pattern first expands from the left-hand side and then contracts into a narrower range, until price breaks out above the resistance line and completes the pattern.
HaresWith elevated rates it's an unattractive path forward in lieu of a squeezed blow off.
Real value in the gray band
source: FASTgraphs
MSFT Microsoft Bought 49% Stake in OpenAI creator of ChatGPTMSFT has reached our Buy area:
Microsoft purchased a 49% stake in OpenAI, creator of ChatGPT, for $10 billion.
Which i think it will turn out to be the best investment in MSFT history!
Microsoft Corporation (MSFT) integrates Chat GPT into its Bing, Office, and it Azure service!
Now looking at the MSFT Microsoft options chain ahead of earnings , I would buy the $245 strike price Calls with
2023-2-27 expiration date for about
$1.60 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Or at least buy shares for the long run! They will compete with GOOGL thanks to OpenAI.
Looking forward to read your opinion about it.
