Agressively buying Microsoft.Microsoft - Intraday - We look to Buy a break of 251.11 (stop at 241.98)
We are trading at oversold extremes.
A break of yesterdays high would confirm bullish momentum.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Bullish divergence is expected to support prices.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Our profit targets will be 274.98 and 279.98
Resistance: 250.00 / 260.00 / 267.00
Support: 235.00 / 220.00 / 210.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Msftlong
MSFT Microsoft Corporation Technical ReboundIf you haven`t sold MSFT after they Issued the Warning to Investors:
Then you should know that the chart reached our price target perfectly and is now ready for a technical rebound.
A technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of MSFT Microsoft Corporation is at 24.30.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
Looking forward to read your opinion about it.
MSFT stock idea trade setup - 9/26/2022The next level of support is at 233 levels, I would go long at 233, with a stop at 230 level and target at 241 levels.
Based on how this stock is falling, I feel this should happen around its earnings timeframe.
P.S. The only worry is that quite a bit of revenue for Microsoft is generated from rest of the world. With this strengthening of dollar, the revenue is getting crushed. Eg. A year ago, 1 USD = 1050 KRW. Now it is 1 USD = 1450 KRW(south korean won). So, if microsoft was selling office for 100000 KRW(approximately 100 USD) a year ago, now microsoft is making only 72 USD.
Though the stock does well, because of the FX rates things are not looking good.
MSFT possible pullbackHere is a possible pullback considering possible prices of resistance including the lowest price of an old candle, the 50% of the fibonacci retracement (where retracements are more likely to happen). The price already hit the zone but it is common for the price to come back up before the day end. Furthermore, the 50% fibonacci retracement also happens with the weekly timeframe. The risk/reward ratio do not consider the current trend, therefore it is better to maybe take out the TP to see how far the price might go down.
Microsoft pulling back?Microsoft
Short Term
We look to Buy at 273.34 (stop at 266.24)
Previous resistance at 275.00 now becomes support. Choppy price action seen. We can see no technical reason for a change of trend. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 292.57 and 303.00
Resistance: 293.00 / 315.00 / 320.00
Support: 275.00 / 250.00 / 200.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MSFT stock final up move before near reversalMicrosoft stock from a technical view has some space for some up movement
•MSFT Stock has broken above inverted H&SH pattern still not hit the pattern target at $302.
• Down channel is broken in the last up move with a successful retest.
We expect the up move to continue towards $300-$302 levels to hit the H&SH pattern target, before reversing back towards $270.
$300-$302 playing as an important resistance:
• 61.8% Fibonacci from the last down move from 22 Nov -21.
• Down trendline from Nov 21.
MSFT up 10% from last post. MSFT getting near 2nd breakout area. Above 277.70 can see more upside.
We were long MSFT from 265 break out area. Really good push so far. Sold my calls yesterday at 277.70. Will try some roll ups for AUG 5 280C if we breakout again.
Link to the last breakout post is attached below.
Microsoft: No Mo Lo´s!This massive impulsive reaction to the FED´s rate hike is a clear indicator for tus that the low has been completed. Accordingly, the Mircosoft stock should now seek to extend gains. In the turquoise target zone on the top, we expect a turnaround for another corrective move, though we do not think that new lows will be reached. Here, we might enter a position or two 👀
Microsoft buying Activision in Q3?The end of Q2/H1 has heavily impacted the majority of stocks as we know. The announced takeover of Activision by Microsoft in my eyes has been put on hold due to the market downturn, pushing back into the second half of Q3 or even as late as mid Q4.
With the buyout suggest to be at US$95 i feel that the current price of US$78 is a good buy.
There is a lot of reasons for Microsoft to make this purchase so I dont think they are going to walk away because it was a bad quarter for everyone.
$MSFT MICROSOFT BULLISH Pattern BROADENING DECSENDING WEDGE$MSFT MICROSOFT is Printing BULLISH Reversal Patterns, much like $AAPL has as they are related tech stocks.
Let's review the chart:
1. There is a BROADENING DECSENDING WEDGE which is a bullish reversal pattern much like the falling wedge but expanding. This could either breakout soon or tap the bottom trendline for a third time before breaking out.
2. Textbook inverse Head & Shoulder forming as well. The selling volume is highest on the left shoulder making the possibility for this pattern to complete higher.
Being a dividend paying stock this is definitely worth accumulating in the bear market. Microsoft is a tech leader and their cloud offering is growing very well and maintaining growth. This company is always on top of new innovation and have already been dabbling in AI and blockchain technology, in addition, to web3. They are cloud, digital, advertising, linkedIn, XBOX gaming, ect. Need I say more?
This is NOT financial advice, please always do your own research.
$MSFT symmetrical triangleAfter $FB managed to get above its recent triangle, $MSFT is in a similar position today. Watch the overall volume and complexion of the day to see if the software giant is ready for the next leg higher. A lot will depend on the CPI reading tomorrow. In case this come in lighter than expected, we could see $MSFT above $285 by next week.
Bearish breakdown for MSFT on the Fibonacci Bollinger BandThe monthly chart for Microsoft (MSFT) shows a breakdown below the upper band (red line) of the Fibonacci Bollinger Bands (FBB) indicator. While it is likely that MSFT will bounce for the time being, as inflation worries cool and tech stocks attempt a rally, the upper band will likely act as resistance. If the price rebounds it might be hard to sustain a breakout above $300. While I like MSFT as much as anyone else, the charts do not lie. The chart is showing that there is a long-term mean reversion occurring in the price of MSFT. The white line is the standard deviation basis for the monthly chart which reflects the downside potential. It's quite steep and the yearly oscillators are saying MSFT is primed to correct down to this level. All of this will unfold slowly (months to years) and fakeouts might trap some bulls. Is your MSFT position prepared for a worst-case scenario reversion to the mean? Trade wisely.
Not financial advice.
Can $MSFT break out of this symmetrical triangle?$MSFT had a decent bounce after Friday's hammer candle as the stock continues to rebuild. Despite yesterday's weakness in the tech sector triggered by $SNAP, the software giant closed right at its 8EMA. In case it can get above $263, it has some space on the chart for a possible move back to $270 in the coming week if the overall market conditions improve. Watch this stock for overall sentiment in tech. The longer it stays above $260, the higher the probability the next move is above $270 rather than below $240 as the bears would envision.
MSFT: Bears Have Taken Control Over BullsMSFT has accomplished the corrective wave (b) and started falling for wave (c) of wave (4).
Traders can expect the following targets: 289 - 272 - 265 for wave (c).
Here, 273 is the Fibonacci level of 50% of the wave. This level will act as a crucial level.
An uptrend is only possible after the breakout of the parallel channel . As per the wave principle, a new trend can unfold above/below wave B of the previous correction.
Potential for MSFT puts near open and then calls laterPotential for puts near open if the emas close bearish on the 15 minute premarket (and theres a good looking entry on the 5 and 2 minute). Looking for a pump up towards 273 sometime in the late morning. It wicked up from 269ish all the to 273.39 after hours, and I'm hoping it tries to test that during regular market hours. I will look for a chance to enter a call if it holds around the 269.50 area. I will be using a bullish 9 and 21 EMA (I use the ones on Webull) crossing as confirmation on 2 minute, even better if it has first completed a bullish crossing of the 15 minute. Will also use my indicators shown in the chart as extra confirmation. Likely will scalp quick and not hold all the way to 273 given how eratic the market has been. If it rejects that area, it may pose a chance for puts. Blue lines indicate where its been trading between and shorter time frame. Green and red lines are 1hr and 1 day support/resistance areas. Just sharing my own personal levels, I'm not a pro lol.
5/4/22 MSFTMicrosoft Corp. ( NASDAQ:MSFT )
Sector: Technology Services (Packaged Software)
Market Capitalization: $2.174T
Current Price: $289.98
Breakout price: $290.85
Buy Zone (Top/Bottom Range): $288.70-$277.00
Price Target: $303.20-$307.00 (3rd), $320.70-$323.50 (4th)
Estimated Duration to Target: 25-27d (3rd), 55-57d (4th)
Contract of Interest: $MSFT 6/17/22 290c, $MSFT 7/15/22 295c
Trade price as of publish date: $11.65/contract, $11.60/contract