Microsoft 23/10 MovePair : Microsoft Corp
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame , Rejecting from the Upper Trend Line and Demand Zone. Completed Impulsive Waves and Corrective Waves " abc " , If it Breaks the Lower Trend Line and Retest then it will Short
Entry Precaution :
Wait for the Proper Rejection with Strong Price Action
Msftsetup
Microsoft accidentally revealed that Xbox Series X|S Microsoft accidentally revealed that Xbox Series X|S sales exceeded 21 million units worldwide
As posted by Twitter user 'John Welfare' after being spotted by @Lukastaves Microsoft held a presentation during this year's BIG Festival in Brazil which is taking place from June 28th through July 2nd. Interestingly, during this presentation, Microsoft showed a sheet revealing Xbox console sales numbers, including sales numbers for the Series X|S.
I don't think this is news at all.
Graphically, the price is testing its monthly high.
In two years, a test of the level.
I think it's a great zone to sell the stock and buy it back cheaper.
marked the green zone.
Waiting for the decline.
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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.
Microsoft Analysis 26.01.2022Hello Traders,
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