Last High For A Long Time Coming...Looks like we're on the last leg here of this impulsive move and we will probably top out later this year to complete our 5 waves and after that it will be a multi year bear market...maybe much longer.
MSFT trade ideas
A channel, inside a channel, inside another channel.The smallest channel will most likely break to the upside. Ultimately we’re going to hit the mid-point of the largest channel. Or hit the low end.
Microsoft Set to Rival Google and OpenAI On Development of MAI-1Microsoft ( NASDAQ:MSFT ) is developing a new AI language model, MAI-1, to compete with Google and OpenAI. Under the supervision of Mustafa Suleyman, former Google DeepMind co-founder, the model aims to surpass the capabilities of Google and OpenAI. MAI-1 is expected to surpass Microsoft's previous smaller, open-source models in size and capability, potentially signaling higher costs. The purpose of MAI-1 is yet to be fully determined and is contingent upon its performance.
The model's unveiling may occur during Microsoft's upcoming Build developer conference. Microsoft ( NASDAQ:MSFT ) recently introduced Phi-3-mini, a smaller AI model, aiming to broaden its client base with cost-effective alternatives. Phi-3-mini, measuring 3.8 billion parameters, is available in the Microsoft Azure AI Model Catalog, Hugging Face, Ollama, and as an NVIDIA Corporation NIM microservice with a standard API interface.
Microsoft's substantial investment in OpenAI technology and ChatGPT deployment has positioned it as a frontrunner in generative AI.
Microsoft Priced in Cameco#Microsoft which is already in a bear market, is very close to imploding, priced in #Cameco.
Guess which of the two you should favor?
MSFT May 3, 2024: An Analysis of A Previous Consolidation ZoneAt the close of May 3, 2024, this is the second week NASDAQ:MSFT touched the 30-weekly MA and bounced back.
Let’s look at a recent time when NASDAQ:MSFT was also trading around its 30-week MA for a while before resuming an uptrend. That was during September and November 2023 (an area where I use the yellow arrow to point to).
Below we will zoom in to this area and make some analysis on the daily chart.
Let’s look at the session on Oct 30, 2023, where I point to with the yellow arrow.
The second pane is the Relative Strength Line
There are a few things we can notice here
First, there is a consolidation zone forming from the beginning of October 2023 before this breakout.
Second, the consolidation zone is above the MA-20/50/150/200. Especially, the MA-20 (green) and MA-50 (blue) are very closed to each other.
Third, if you look at the period before that, from August to October, which I marked with 2 white rectangle, we can see that that short-term volatility contracted relative to the long-term volatility, indicating a contraction zone here.
Lastly, if we look at the relative strength, it goes up all the way during this consolidation, making a new high before the stock itself.
Those are the combination of many factors: a pattern, contraction zone, moving averages, relative strength, suggesting a buy point for the stock. It is not simply a support from a 30-week MA, but many other technical characteristics.
Therefore, I expect to see similar characteristics to happen now to enter this stock again, i.e.,
The relative strength should cross above its EMA-21 which is likely to happen next week if the overall market continues to act well
The MA-20 should cross above MA-50
The price should be consolidating above the MA-20 and MA-50
I will update here as I will be trading NASDAQ:MSFT in the near future.
Looking hot 🔥Let me know what you think! 🤑 Due too Microsoft delayed reaction too it's Q1 and all the good news lately. I suspect that today will close out around 420 for sure 😊
MSFT-A bearish flag continuation patternA good time to short sell MSFT as I see a bearish flag continuation pattern forming on the 4H time frame.
MSFT, big pictureWhat an amazing chart... I have wave (1) peaking in December 1999, wave (2) completing a zigzag ABC in March 2009, wave 3 ending in November 2021, wave (4) triple-three ending in November 2022, and wave (5) likely complete in March 2024. Parallel channel connecting waves (1), (2), and (3) provided (along with Fibonacci) strong support for wave (4). MSFT could go higher, but I think this is a technically-sound count for completion.
MSFT (May 1 - FOMC)MSFT can run up on a day trade to 399 to close a Daily FVG close. Or continue to fall and break past the Weekly Gap close at 388. Depending on the FOMC Press Conference we could have a volatile day in the markets.
MICROSOFT on an excellent long-term buy level.Microsoft (MSFT) has been trading within a Channel Up since the January 06 2023 low and yesterday came to the closest 1D candle closing to the bottom (Higher Lows trend-line) of the Channel Up since September 27 2023.
That was also the last Higher Low of the Channel Up, achieved exactly on the 0.382 Fibonacci retracement level from the previous Low. With the price now below the 1D MA100 (green trend-line) but still above the 1D MA200 (orange trend-line), it appears that we are on symmetrical levels with that Higher Low.
The 1D CCI patterns between the two fractals are also similar and long-term investors can start considering buying MSFT again. Our medium-term Target is $450.00.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
MSFT April 23, 2024: A Key SupportAs the close of April 22, 2024, NASDAQ:MSFT had the first reaction at the support area, the white line as shown on the chart, which started to form since January, 2024.
The close provides an early entry opportunity to see if the support can hold. We can put the stop loss 2% below the low of the April 22 session.
Another risk we need to pay attention to is that the quarter earnings is very near (April 25)
MSFT April 30, 2024: Entering the 30- and 52-Week MA AreaAt the close of April 30, 2024, with an ugly price action, NASDAQ:MSFT started to enter an area between 30-week MA (orange) and 52-week MA (purple) as shown in its weekly chart below
Which is equivalent to an area between 150-day MA (orange) and 200-day MA (purple) on its daily chart.
This area was also a consolidation zone between Nov 13, 2023 and Jan 8, 2024.
Let's watch closely if this area can again be a support are for this stock during this overall market correction.
MSFT likely made a long term top.Chart says it all. Multi decade parallel channel top has been reached. Now markets are sharply pulling back. Watch for break of long term uptrend red line and ideally short on retest of the red line. Possible HS pattern could play out too, back to 300$ in upcoming months
Initial Target is $370Microsoft had great earnings recently and after the announcement buyers rallied the shares...only to see that confidence 100% eroded as of today.
What are traders telling us about Microsoft?
My analysis shows a minimum target of $370 with a decent chance of seeing $343 or slightly lower in the coming weeks.
Best to all,
Chris
MSFT 5/3/2024 CALLThe Greek Option Trader Swing Alert
MSFT 5/3/2024 $402.50 CALL
Profit Target: $403
*Disclaimer*
We do not provide financial advice, all content found in our channels is for education purposes only. We will not be held liable for any actions taken by you as a result of what you learn or see. What We teach & share is PERSPECTIVE only.
Microsoft bearish ideaGiven the recent decrease in earnings and the substantial holdings of shares by major institutions, it appears prudent for investors to consider taking profits and bolstering capital. This is particularly pertinent given the current bearish sentiment in the broader market, as evidenced by the downward trends in indices such as the S&P 500 and DJIA.
Against this backdrop, the market has recently tested the MA50, accompanied by notable volume, suggesting an increased likelihood of a bearish downturn. In light of these indicators, it may be wise to consider a short-selling strategy with a target profit of up to 21%, while remaining open to the possibility of earlier profit-taking opportunities. Momentum in prices is already trending downwards, and should the broader market continue its bearish trajectory, there is a substantial chance that major companies like Microsoft could experience downward pressure on their stock prices.
MSFT FAKE BREAKOUT ON SUPPORTMSFT has done a bearish breakout on the ascending channel formed. Even though we have seen a nice sell off followed by the breakout confirmation, we witness a fake breakout on the highlighted support. Inorder to expect a continuation in the downfall, we need a clean bearish breakout on the support formed.
MSFT ACCUManother chart just getting that practice in - more wyckoff and stocks here
not fianncial advice
MSFT entering challenging waters.While Mag 7 stocks recently rebounded, MSFT has entered a period of consolidation.
In recent history bull runs resolve in >30% corrections after hitting Fibonacci multiples, with the bottoms forming a clear support trend line (Dec 18, Mar 20, Oct 22 & Jan 23).
If MSFT loses the support @ $400 the stock may enter a multi-month correction cycle before finding support @ $300 for a 30% correction from ATH.
Sell trigger is Weekly RSI below 50.
Inversely if resistance of 430 is broken it would allow bull continuation with 470 & 525 next Fib targets.
MSFT is bearish!I personally don't trade this stock on the long side due to personal believes.
But I dont mind shorting it with puts.
MSFT is bearish on daily timeframe
Today’s action hit its golden retracement pocket, as I was expecting after seeing yesterday’s AHs action.
The downside action remains the same - 370, and TTR long with Jun expiration 395 puts
Microsoft Soars on Cloud Momentum, Fueled by AIMicrosoft is experiencing a period of robust growth, driven by the accelerating adoption of its cloud computing services. The company's recent fiscal third-quarter results surpassed analyst expectations on both revenue and earnings, solidifying its position as a major player in the cloud wars. However, a slightly weaker-than-expected revenue guidance for the next quarter has injected a note of caution.
The cloud division, Azure, continues to be the crown jewel of Microsoft's growth strategy. Azure is experiencing significant momentum, capturing a growing share of the ever-expanding cloud market. This success can be attributed in part to Microsoft's strategic push towards artificial intelligence (AI).
The company is heavily investing in AI research and development, recognizing its transformative potential across various industries. Microsoft's Azure platform provides a comprehensive suite of AI tools and services, allowing businesses to leverage AI capabilities for tasks like data analysis, machine learning, and intelligent automation. This focus on AI is proving to be a significant differentiator for Microsoft, attracting customers seeking to integrate cutting-edge AI solutions into their operations.
One key indicator of Microsoft's commitment to AI is its increasing capital expenditures on securing Nvidia graphics processing units (GPUs). GPUs are essential hardware components for training and running complex AI models, requiring immense processing power. By investing in this technology, Microsoft ensures it has the necessary infrastructure to support the ever-growing demand for AI services on its Azure platform.
While Microsoft's financial performance is impressive, a slight concern arises from the company's guidance for the next quarter. Revenue for the fiscal fourth quarter is projected to be around $64 billion, falling short of the $64.5 billion analysts anticipated. This could potentially indicate a temporary slowdown in the overall growth trajectory. However, it's important to consider the broader market climate and potential external factors impacting revenue generation, such as fluctuations in global economic conditions.
Despite this minor setback, Microsoft's long-term prospects remain positive. The company boasts a strong and diversified business model. Beyond the cloud, Microsoft continues to generate significant revenue from its traditional software products like the Office suite and Windows operating system. This diversification provides a safety net, mitigating risks associated with any potential fluctuations in a single market segment.
Furthermore, Microsoft's commitment to innovation extends beyond just the cloud and AI. The company actively explores other high-growth areas like cybersecurity, gaming (Xbox), and mixed reality (HoloLens). These ventures have the potential to unlock new revenue streams and solidify Microsoft's position as a technological leader across diverse sectors.
However, Microsoft faces challenges on its path to continued dominance. The cloud market is fiercely competitive, with Amazon Web Services (AWS) holding a significant market share. Microsoft must persistently innovate and improve its cloud services to maintain its competitive edge. Additionally, regulatory scrutiny regarding data privacy and antitrust concerns could pose obstacles for Microsoft's growth strategies.
In conclusion, Microsoft is in a strong position, propelled by its flourishing cloud business and strategic investments in AI. While a slightly weaker-than-expected revenue guidance for the next quarter introduces some caution, Microsoft's diversified business model and commitment to innovation position it well for long-term success. The company's ability to navigate the competitive landscape and address potential regulatory hurdles will be crucial in determining its continued dominance in the years to come.
