MSFT wave 5 Bullish The overall markets technical evidence still supports a continuation of bull trend, looking for a wave (iv) extended consolidation. We’re currently in wave (iv) consolidation moving through the underside of wave (e) support at 197 support level before a wave 5 terminal rally begins. Still holding on to our bullish position on MSFT that could take us through Nov.
Msftlong
⌨️ MSFT SCALP PLAN 🖱️ If you took a handful of positions, feel free to trim a few @Open to manage risk, do NOT let any trade go green to red.
LONG MSFT above 205.15-205.30
PT @209.35 and @211.5-212
Ideal PT @218.45
Conservative SL @202.15
Max SL @200.59
SHORT MSFT below 202
PT @200.15 and @199.52
Ideal PT @194.50-194
Conservative SL @204.75
Max SL @205.21
MSFT LONG SET UP (MICROSOFT CORP.)TITLE/(DATE)- BUY MSFT/USD
ASSET- STOCK
PLATFORM-MT4
ORDER TYPE- BUY Market
Time Frame-4hr
ENTRY PRICE 1- $206.50✅ market
ENTRY 2- $202.50 pending
STOP LOSS- $199.50 (70 PIPs)
TAKE PROFIT 1-$213.50 (70PIPS)
TAKE PROFIT 2- $220.50(140 PIPS)
TAKE PROFIT 3- $227.50 (210 PIPS)
TAKE PROFIT 4- $234.50 (280 PIPS)
TAKE PROFIT 5- $241.50 (350 PIPS)
STATUS:🏃🏽♂️RUNNING 🏃🏽♂️
MSFT - buy support zones analysisHello traders,
Description of the analysis:
Microsoft ( MSFT ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
MSFT - 8.91% Potential Profit - Bullish PennantBullish Pennant formed with the possibility to hit the historical resistance line. Entry price conservatively set at mid-resistance breakout.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $216.58
Suggested Stop Loss $211.56
Target price $235.96
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
MSFT Existing Long PositionAs Major Techs like AMZN and MSFT are still leading the charge as the NDX move towards wave 3. MSFT rally on-going targeting the 276 wave (5) suggesting a terminal move into wave (5) supporting our thesis that the bull is still in control and we will be riding this existing long position on MSFT into wave (5).
MSFT Measured move into wave v Updates on MSFT as tech is leading the rally, looking for a wave (iv) consolidation to be completed setting up for a terminal wave (v) on the daily chart. We’re currently in wave (iv) consolidation moving through the underside of wave (e) support at 197 support level before a wave 5 terminal rally begins.
MSFT UPDATE , TARGET UP TO $245 MSFT already has my old analysis, but due to the fact that I have recently changed we need to update it.
- MSFT has confirmed the old "Cup and Handle" large model from $ 190 then went up to nearly $ 120 and adjusted here.
- MSFT Now forming and being able to confirm the small Flag pattern today it will be the same with the news of
the US acquisition of Tiktok to help MSFT up to $ 245.
MSFT Purchase additional : $210
MSFT Target : $245
Stop loss : 8% .
Wish you good deals!
MSFT Potential Talks of Buying TikTok wave (5) Play The 3 hours MSFT chart is showing we are setting up for one more push higher into wave (5) Green before a completed 5-wave impulse is complete. Looking to place a momentum trade on MSFT and potential takeover of TikTok for MSFT to expand into the social media business. Actionable Trade Execution in Video Report.
Microsoft Trading opportunity in the mid termwell, let's try this again. I had basically finished making this post, but I pressed esc on my keyboard and my whole blog post got erased. So, I am a little tilted, a little triggered, but let's move past this into the t.a.
Elliott wave analysis: The elliott wave analysis, similar to AMD, took me quite a while. There were a lot of probable wavecounts, but it wasn't until I really started to look into the price action, that the wavecount I have right now, appeared to me. As I am writing this post, we have just ended the wave four, and are beginning to start the wave 1 of A, of the great wave 5. The target for wave 5 is the 247-260 range. This is because it is the 0.764 extension of waves 1-3-4, and it is the 3.618 extension of wave 1-2. Now some of you are wondering why I didn't make the first target the 0.618 of waves 1-3-4, and this is because, there is such a strong cluster at the 0.764. Once the wave a unfolds, I will be able to give a more accurate target, but for now, we just have to forecast on the information at hand.
Moving average analysis: The moving average analysis on the 1 hour is telling us a very important story. We have been riding the 200 ema for quite sometime, so long that the 55ema, is also starting to ride the 200 ema. This is important, because if the 55ema break downwards, we are headed a lot further down, but a bounce off of the 200 ema for the 55ema, is great confirmation that what I predict is going to come true. On other time frames, such as the 2 hour -daily, we are steadily cruising on the 55ema, which is an alright sign.
Macd analysis: The macd on the one hour, is providing us with a huge signal that we are headed up. We have crossed over not once, but twice on the negative side, and the most recent one being so close to the zero line, that it shows huge bullish momentum is at play. On other time frames, such as the 2 hour, we see bullish divergence on the macd, and higher timeframes such as the 4 hour and 6 hour, show a cross on the negative, and a bullishly diverging histogram. So tldr, we have lots of bullish signs that support my belief that we are headed up.
RSI Analysis: Finally the rsi analysis. The RSI on the 1 hour macd is looking KILLER. We are seeing major bullish divergence, meaning higher highs and higher lows. Something interesting is the action that has taken place on the daily rsi.We can see that we have failed to break into the overbought territory on the daily in the past couple days, but have found the support in the bottom of the bullish territory. I think this might imply that we are headed back up higher. I believe that before msft starts to correct, we will see an oversold RSI, or atleast some bearish divergence on the daily. Meaning higher highs on the price action, and lower highs on the RSI.
In summation, this looks like a really great trade to take.
Target 1 is 250
Target 2 is 260
The stop loss is below the most recent swing low, so 197.
All in all we have a risk to reward of 6.6, which is crazy.
Anyway, best of luck trading this week, and made the stock market gods look favourably upon you.
Microsoft Hitting Major Channel Resistance. (MSFT)We all know if you go back in time till now on Microsoft it has an insane parabolic curve.
I currently have a channel drawn out between the two lines.
Arrows and red line is Resistance.
Green line is support.
We are seeing the overall trend from the last impulse hit the top level of Resistance in the channel, where we have seen previous good size selloffs occur at.
The ema dots are all red and the custom rsi has already dropped off.
I'm in favor of a short up here at this top level of range.
I think it would be healthy to see a pullback here.