Microsoft Might Have Done This BeforeMicrosoft has been rallying since October, and now a recurring pattern may be present again.
This chart highlights bullish breakouts by the software giant in October and January.
First you have tight consolidation against support. MSFT first held the October 13 closing price of $327.73, followed by the December 4 closing price of $369.14.
In both cases falling trend lines appeared along the closing highs. Notice how MSFT rallied after breaking those short-term resistance patterns.
Next, the lower study includes our 2 MA Ratio custom script. It plots the ratio of the 8-day exponential moving average (EMA) versus the 21-day EMA. Consider how the ratios turned positive before each advance.
Fast forward to March 2024 and similarities are potentially visible. MSFT has mostly remained above the February 20 close of $402.79 and prices are back above a falling trendline. The ratio of the 8-day and 21-day EMAs is also turning up.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
MSFT trade ideas
MSFT 4HR CHARTQuestion what happens here? Do we breakout this week or do we continue to just trade in this range for another week or two? IDK but I like being able to see these trends. Only if I had unlimited money to take these trades, but one day I will be a great investor/trader also a better technician!!!!
MSFT - Why I took swing calls overnight -how I predicted the gapSupport by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos.
More analysis like this to come! Stay tuned!
Happy Trading :)
MSFT charted for 13Mar24At the break below 414.40, I will be looking to go short. We have a ton of empty space below.
TP = 413.60 / 412.50 / 409.60
In order to go long, I'll need to see a pullback to 415.35 and an open above the current resistance.
$MSFT - Potential bullish pennantNASDAQ:MSFT Potential bullish pennant forming. $450 to $460 measured move. Conservative estimate is $433.
Breaking above $416 - $420 is bullish.
Breaking down below $400 is bearish.
MSFT loves bull flag wedges?Weird little trend it has had for the last few months.
Could possibly exploit this trend. Not sure if its too late.
Use a stoploss please!
Possible downside on microsoft?Microsoft could possibly be moving to the downside from what I see. Might make an opportunity to make a trade.
MSFT Bull FlagA mentor of mine pointed this pattern out to me today and it does look like a winner given its ventures in AI. Microsoft seems to be in a bull flag pattern, and there is alot of news that can come out this week to see MSFT break out upwards to HH's. Goodluck everyone, be smart, be patient, and trade on!
Correction Coming?There is a good chance 5 waves up here have completed and we're going to start correcting hard - there is also the possibility I'm off by 1 high but structure fits for this count to be valid.
MSFT Knock-knock: Support?MICROSOFT seems to have found some kind of support, let's see the macro and how it will continue but I am entering on a long trade here... with a small portion of my capital tho.
Microsoft: Strategies for Correction 🛠️Microsoft (MSFT): NASDAQ:MSFT
We remain steadfast in our primary scenario for Microsoft , which suggests a significant correction is underway. Thus far, there have been no deviations from this expectation.
Upon closer examination of the 2-hour chart, we observe that the subordinate Wave (B) precisely reached our targeted 127-138% retracement levels. We now anticipate a similar overshooting movement downwards, surpassing Wave (A), towards Wave (C), and subsequently the overarching Wave (a).
Unless we breach the $420 to $422 level, we do not foresee a continuation of the upward trend. A broader view on the two-day chart indicates that Wave 5 should ideally conclude at the 61.8% extension, implying a possible rise to $430. However, this is not certain. If we are experiencing a flat correction, the outcome could exceed this level depending on the origin of Wave A. Nonetheless, a subsequent downturn should be expected unless we surpass the corresponding 138% level.
The precise location of the 138% marker remains undetermined until we establish the position of Wave A, which we currently project to align with Wave 4, around the $160 to $175 level.
Downturn CorrectedThe second big downturn had begun on March 4th. It has been retraced today. As we saw a second corrective downwave of the long rise since January I expect another corrective move down now to test the bottom of January 31st again.
It will intensify when the (red) MA is broken.
MSFT - Price PredictionMSFT is at the top. Getting ready for Sell. Analyze it for yourself before you take any step. This is not financial advice.
MSFT to recover 412?kinda bullish on this. empty space full of money $$$$ if it can hold over the box its gonna fly. if not back to the bottom of it we go
MSFT - Microsoft - buying idea Dear traders,
Id like to share this idea in order to take long positions, basically the price is consolidating after the rally.
390- 400$ is is a good price range to look for buying opportunities. Targeting around 450$.
Additionally RSI is relaxing as it got a very overbought area.
best,
MSFT: The risks of selling shortNASDAQ:MSFT ran down yesterday but is reaching the low of the support today.
The next tier of support is outlined also from the Dec-Jan Buy Zone ahead of earnings season.
The risk day traders are taking selling short is if it runs below the low of the support and the Dark Pools surface to buy below its fundamental price level. This is why selling short is risky at this time. Support is around $397.
The big question is where are the lows for fundamental levels for the next quarterly report. MSFT had higher revenues with slightly lower earnings. The CFO did not adjust earnings. It could gap or run down on news, but fundamentals are not way below the current price.
Microsoft Hit Overbought zoneNASDAQ:MSFT is hitting the potential overbought zone. Closing off a long trade last week with 1% profit.
End of Day Commentary $NASDAQ $NVDA $TSLAEnd of the day commentary for the most of the trading instruments
$MSFT to go above $450 for blow off top?NASDAQ:MSFT had a strong bounce from $397 and looks set to continue a move higher.
I think we could see a very strong move over the next few weeks which sends MSFT up and over the $450 range to new highs.
If we get up there, I think this will end up being the final move for MSFT before heading much lower. Yes, I was too early on my original top call , however, still think the same outcome will prevail after hitting this range. Will update the bearish view if this top gets hit.
I bought 3/8 $450C prior to NVDA earnings, let's see if this range gets hit before then.
Microsoft Bullish Cup and Handle Microsoft - NASDAQ:MSFT
A bullish monthly and weekly chart:
✅Monthly MACD Cross
✅ Long Term parallel channel intact
✅ Above 200 day & week MA
✅ Cup and Handle (with a high handle - Preferred)
✅ Good Risk: Reward Ratio at 7.6 (51%+ vs -7% loss)
⚠️ Stop loss levels on chart 🫡
A great set up. Those that are patient could wait for a potential pull back (arrow on chart) as we are reaching into overbought levels on the RSI on the weekly. It would not be unusual for Microsoft to pull back 5-8%. The R:R would be significantly improved if you waited and if it led to an entry from approx. $350 (after a 5-8% pull back), this would line up with the 200 DSMA also. However there are no guarantees of a pull back.
Those half as cautious could enter half a position here and see what happens and place another entry at $350.
All in all the $330 - 335 red box area on the chart is an absolute stop loss level. If this level is lost I would be out of the trade fast.
So you have options with this set up:
1) Entry here with a tight 7% stop.
2) Half a position here and half at approx. $350 with a stop at $335.
3) You wait for $350 and you place your stop at $330.
These all result in a similar loss of 5 - 7% in the event the trade fails. The upside potential is always 50%+. You can always cut early also at target one and take something at the 26% profit level.
It important you take full responsibility for your trade, position accordingly and be ok with the small 5-7% loss as it will likely happen, we are only leaning on the probability that maybe 60-70% of the time these trade set up provide us the return we want.
I have not really ventured into the earnings or dividends however they are both positive contributors to this trade as earnings have been excellent and dividends whilst minimal, are dividends at the end of the day. We are here for the trade and play a set up off the chart. The fundamental's are just nice framing for the stock in our minds eye.
PUKA
MSFT - Strong chance of a rejection and move downI will be looking out today for a rejection from our strong orange selling channel to add to our right shoulder liquidity (within the larger daily H&S) - this will then trigger all the left shoulder liquidity and allow for a move down to minimum $401 in the coming days and I see even $392 (green channel support) in the coming weeks.
Let me know what you think - of course, if yellow continuation is able to break us out of orange and teal selling today then we have a chance at a retest and break of blue buy-side tapering. However it looks like the bears have been preparing for this larger drop (and the bulls on the other side could use more liquidity for the break of this strong channel).
Microsoft - A possible top ?Possible top in Microsoft. Elliott seems to agree. Now waiting for Wyckoff to do it's magic.
- Possible Head and Shoulder (not the shampoo) forming ?
- Work of pure fiction and magic.
No financial advice given.
Microsoft's Deal With Mistral AI Faces Regulatory ScrutinyMicrosoft's ( NASDAQ:MSFT ) recent collaboration with French startup Mistral AI has sparked outrage among European lawmakers, prompting calls for a thorough investigation into what is perceived as a consolidation of power by the Redmond-based company.
The European Union, already scrutinizing Microsoft's partnership with OpenAI, raised additional alarms as news broke of the tech giant's 15-million euro investment in Paris-based Mistral AI. The investment, earmarked for integrating Mistral's AI models into Microsoft's Azure cloud computing platform, has set off a wave of apprehension regarding potential antitrust violations and monopolistic practices.
Despite assurances from Microsoft ( NASDAQ:MSFT ) that its investment does not confer ownership in Mistral, but rather equity in future funding rounds, skepticism persists among policymakers in Brussels. The deal has fueled concerns that Microsoft's growing influence in the European AI landscape could stifle competition and innovation, particularly among smaller startups.
The timing of the announcement, coinciding with ongoing discussions surrounding the EU's comprehensive AI Act, has further exacerbated tensions. Mistral's purported lobbying efforts for exemptions under the AI Act have drawn scrutiny, with some lawmakers questioning the authenticity of claims regarding the protection of European startups.
European Parliament members, including Brando Benefei and Kim van Sparrentak, have raised doubts about Mistral's motivations and its alignment with American-influenced tech lobbying efforts. Allegations of a concerted effort to circumvent regulations under the guise of supporting "European champions" have cast a shadow over the integrity of negotiations surrounding the AI Act.
Alexandra Geese echoed concerns over the concentration of power and resources, urging for a thorough investigation into Mistral's conduct and potential collusion with the French government. The call for scrutiny underscores broader apprehensions regarding the unprecedented convergence of money and influence in the tech industry.
As calls for investigation mount, Max von Thun of the Open Markets Institute emphasizes the urgency of assessing the partnership's implications. The perceived discrepancy between Mistral's advocacy as a "European champion" and its alignment with Microsoft's interests underscores the need for regulatory vigilance in safeguarding fair competition and innovation.
In response to inquiries, both Microsoft ( NASDAQ:MSFT ) and Mistral AI have declined to comment, while the French government remains silent on the matter. With stakeholders clamoring for transparency and accountability, the EU faces mounting pressure to address concerns over tech giant influence and ensure a level playing field for all players in the rapidly evolving digital landscape.
