MSFT It was crucial for 248 hold friday and it did. Not surprisingly 135 held on XLK, so it's safe to say they are both connected. I think we rally back up to close the gap at 262. If we lose 248, we are headed back to 241 fast Entry above 248 Target 262 gap close Stop loss 247Longby ContraryTrader7
MSFTMSFT – another mega tech stock closed below its 200-day SMA on Friday. The daily RSI also closed below the 50-level. Previously when daily RSI remained below 50 level we saw weak price action as highlighted.by Trade_with_confidence0
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.Shortby Boring_Trader0
$MSFT at a key area$MSFT at a key area resting on AVWAP from the lows. Do we find value here or establish a down bias towards the lower AVWAP bands?by RKchartest0
MSFT moon bound?MSFT is currently consolidating at a previous area of resistance that was just broken. Usually when price action breaks above resistance and returns, resistance acts as support due to buyers who missed the last opportunity to buy low entering the market.Longby CJITM0
The Clarity of Renko'sThis is not a chart reading - and i'll keep it super short ... this is just a quick reminder that we have many powerful tools that we can use to enhance our analysis and trading outcomes.. too many that we sometimes forget to use them. The above chart shows a great example of that .. I was going thru the daily analysis and thought i should share this note with fellow TV chartists and traders. The 2 panels show 2 identical charts, same time frame, same date range, same symbol and same indicators .. the only difference, the chart on the right hand side is a Renko It's surprising to see how clearer the picture is when we analyze the chart and the price/volume action through the Renko lens. Taking for example, the 3 double/triple top formations and how they were expressed on both charts .. which chart is easier to action and trade? so the quick note here is, let's not forget about these powerful tools - and continue to leverage them as much as possible - Before initiating the next trade, check your Renko :) Note: most of my indicators and TA concepts are "Renko-friendly" ;) Notes & comments ?Educationby RedKTrader88103
MICROHARD??We could see a slight uptick after the recent downward movement over the past few days. A double top did print at the $275 zone so we could see a possible downtrend form. Shortby Forex_Godz2
MSFT TA until 2030Facts: * Bull run started very long time ago * Monthly quadruple RSI divergence * RSI overbought territory * RSI channel decline clearly started * Fib channel soon will reach 1.618Shortby RomanLosevUpdated 2
MICROHARD?Price recently broke a 2-month trendline today as well as forming a double top at the $275 zone. As of now, I'm looking for a retest of the 261.50 zone and a strong indicator signifying a continuation of this downward movement.Shortby Forex_Godz2
MSFT AnalysisPrice did not play out as analyzed last week. Was expecting price to mitigate the bearish POI at 286.51 before the drop. Price has broken market structure to the downside and I expect a continuation lower.Shortby Keeleytwj1
Microsoft 1H OutlookWide Pattern Coverage and Derived Price Levels: Keeping in mind the narrative of upcoming FED tightening policy because CPI & PPI figures. Also many longer term investors were disappointed about the financial reports of MSFT CORP. This negative incentive sets general dilation of falling fractal which covers negative market intentions. Fractal of Falling: Net BSP (EMA Smoothed): Constant Time Cycles: Since a sharp downward movement has occurred I doubt that the market incentive is fully priced in. Unless price holds strong blue and does a little pullback followed by side trend till TimeFib 2. I expect further fall to shake bears off the market to become bullish. A longer bearish wave would cover report induced sale but not recent negative economic reports.by fract11
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: Long02:20by basictradingtv6969380
Harmonics & Fibonacci on MicrosoftNASDAQ:MSFT Harmonics applied on NASDAQ:MSFT showed perfect results. Still looking bearish from current position until it fills gap around 240-239 and takes support around 232 for further move. Shortby wasif872
Microsoft Bump and RunBreaking out of long term diagonal down trend and (potentially) turning resistance into support. Looking for a breakout of cloud next. SL is bottom of cloud $244Longby NFVeej2
MSFT PUTSBase on my View on Microsoft this year will be bumpy.. Not financial advice. trade base on your own decissionsShortby D1GITALTRADES0