MSFT OpenAI raised 40B in new funding at a $300B valuation
The fresh funding round was led by SoftBank. Other participants include Microsoft, Coatue, Altimeter Capital, and Thrive Capital. OpenAI is an AI research organization founded in 2015 by key figures including Elon Musk, Sam Altman, and Greg Brockman.
MSFT broke out of a Descending Triangle and has broke Key levels. But it’s over sold as well. Has to break thru those EMAs at the top to see a true reversal
MSFT broke 394 level today which is good but maybe a reject and could slide back to the downside towards but not too much because I can see potential on the reversal. stock in over sold in my opinion and I am seeking an entry on this short-term rally.
MSFT "I’ve taken a defensive approach by implementing a Collar Strategy, balancing my positions with long/short leverage to mitigate risks effectively." tradestrategyformula.com
MSFT In order to turn up, it needs to find support near 396.61. The key is to find support near 388.56 and move up. It is important not to fall below the Fibonacci ratio 0.5 (375.22). tradingview.com/x/CLzH0201/