Microsoft before earnings report Shares in Microsoft Corporation (symbol ‘MSFT’) made overall gains of around 20% in the first quarter of the year. The company is expected to report its earnings for the fiscal quarter ending March 2023 on Tuesday 25th of April, after market close. The consensus EPS is $2.22 compared to the result for the same quarter last year of $2.22. ‘There is a lot of news hitting mainstream media about the company in regards to its Activision acquisition deal. Earnings come just one day before the Competition and Markets Authority (CMA) statutory deadline to deliver its Phase-2 verdict on the 26th. This could impact the share price negatively if the deal is called off.’ said Antreas Themistokleous, an analyst at Exness ‘ At the same time there is an announcement from Microsoft that they will be dropping Twitter from their advertising platform starting April 25th (earnings day) while Elon Musk is threatening to sue Microsoft over Twitter data. ‘ On the technical side the price is trading in a relatively strong uptrend and is currently facing resistance around the HKEX:290 price area which is a strong inside resistance since mid August 2022. Even though the Stochastic oscillator is near its extreme overbought levels, the 50 SMA is trading well above the 100 SMA indicating that the bullish momentum is still valid and a possible continuation to the upside is a very possible scenario. In the short term we might see some minor correction to the downside before continuing the journey to the North but the 20 day SMA is currently acting as a support making the event of a correction slightly more difficult. by Exness_Official2
$MSFT - Failed Break OutNASDAQ:MSFT struggling to break to higher highs, fully expecting a test of the lower channel TL. Positioning: Bearish in the near term until it retests the lower channel TL Shortby theapearmy226
MSFT still can rise up ???MSFT closed at bottom sell zone ( 286$) last week. At 1h chart not dead cross yet , so i expect MSFT can break double top (292$) to get target this time at (294-295$). Any candle close under 283$, we will stop this plan. If MSFT had candle close under 283$, we will short MSFT to 275-277$ Longby pninh09111
MFST Microsoft Corp DAILY CANDLE ANALYSIS Microsoft Corp daily candle chart looks that price find resistance at near 294 and may be pause there for some correction so stop loss can be above 295by sk_4587Updated 7
MSFT Long TermI wanted to begin with the weekly chart on Microsoft. It has started to subdivide lower into its Cycle Wave II of SC Wave (III). The box I have marked is a very big target zone I know, but it is entirely possible for MSFT to fall this far and could possibly go even lower. However, the next move up after that will be a HUGE bull rally. That is the long-term outlook though. MSFT could give us OMH this upcoming week to FWB:318 at the 1.0. The 1.0 is the only reason I say we could still get that OMH. Tomorrow I will post the 4HR chart and give a closer count of where we are and where we're headed next. Bonam Fortunam, --Tylerby TSuth0
MSFT earnings watchNASDAQ:MSFT had a balanced week in anticipation of earnings. The software giant has been consolidating in a range between the monthly 281.92 level and the weekly 292.35 level. We can essentially play this range until it breaks in either direction. NASDAQ:MSFT is set to report earnings after market closes on tuesday. Technical Analysis: NASDAQ:MSFT is consolidating in this range inside of a larger rising wedge (red & green). NASDAQ:MSFT is also approaching a daily gap fill 294.22-296.14. NASDAQ:MSFT is also approaching a short GP (This is measured from its all time high to its 2022 low). The 61.8% retrace is at 297.63, so we can watch this level as a key resistance, with 300 as a strong psychological level. If NASDAQ:MSFT can break above the uptrend line (red) and clear the gap above, we can test the upside gap above (307-309.87). If NASDAQ:MSFT invalidates the bear flag under the 281.92 monthly level, we could see NASDAQ:MSFT test the 281.55 monthly level, and the gap below of 278.41-276.14. Upside Targets: 286.36 → 289.43 → 292.35 → 294.22 → 296.14 → 297.63 Downside Targets: 284.10 → 281.92 → 2280.10 → 278.73 → 277.52 → 276.05by peterjames_61
MSFT - take profit before earnings?NASDAQ:MSFT reports after close this Tuesday. Everything that I see suggests that price is at an inflection point, and likely due to pullback. I expect that this earnings release will need to be a beat, communicate progress on AI, and provide strong forward guidance for additional upward continuation in the near term. While it's still 19% off of its all time high, MSFT has had strong performance YTD. It's been a clear favorite in the AI narrative with its investment in ChatGPT and potential for integration across its products. Anyone dismissing AI as a fad needs to sit back and look at the big picture. It's coming at us quickly and will be transformational. Every tight labor market in economic history has been followed by adoption of workforce productivity and automation. The TA suggests that MSFT is over extended in the short term. It's far above its 55EMA, RSI shows recent bearish divergence, MACD and leading MACD have rolled over, and price has been hovering at the 0.5 fib retrace from ATH and dense volume profile. In addition, we can see that recent price movement is supported entirely by short term inflows as long term positions have gradually drawn down. The longer term channel doesn't provide as much clarity, but any number of ways that I draw the fib time zones indicate that this is a time period for a shift in sentiment. While this isn't a company to bet against, I'm planning to take some profit prior to earnings and will look for opportunities between FWB:250 -265 for accumulation. A sustained movement above $295. would suggest further upside continuation. Longby Ben_1148x20
Microsoft H4 As 280 Supports Target 308 NextIn this update we review the recent price action in #Microsoft and identify the next high probability trading opportunity and price objectives to target01:03by Tickmill5
MSFT: Sell ideaSell idea on MSFT as you see on the chart because we have the breakout of vwap and support.Thanks!Shortby PAZINI192
MICROSOFT Cup and Handle targeting $320.Microsoft (MSFT) has been trading within a Channel Up pattern since the November 04 Bottom. Supported by an Inner Higher Lows trend-line, we can even see a Rising Wedge forming. Now however, it will face the most important Resistance of this uptrend, the 294.50 of the August 15 High (just below the 0.618 Fibonacci). If rejected, we may see a Cup and Handle (C&H) pattern materializing, which can pull the price back down to the 1D MA50 (blue trend-line), even the 1D MA200 (orange trend-line). We remain bullish on MSFT but based on our long-term strategy for stocks, we will welcome such pull-back and buy it. Our next target is on the 0.786 Fibonacci at $320. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot2225
Microsoft Best Entry for investmentHi every one You can earn using microsfot stock Entry 286 USD SL - 211 Target 424Longby paisachapo333
$MSFT running hot!Will be watching NASDAQ:MSFT this week for a short opportunity if we reject this upper trend and overhead resistance. Classic ascending wedge pattern could play out to the downside in the next few weeks. Watch for a break to the upside of the wedge for invalidation and a clear rejection for an opportunity to go short.by linuxboytoo2
Microsoft Rounding TOPMSFT looks over bought and time for a correction. The rounding top is quite evidentShortby hushedCake117352
W PatternPrice is inside a rising wedge that is not valid until the lower line has been broken. Rising wedges are bearish but can sometimes break to the upside even if temporary. The lower line of a rising wedge can function as support until broken. T1 has been met and sometimes that is all you get W pattern noted with some space to go up a bit more but as of late there is no telling. It is unusual to get past the 1.618 but have seen some hit the 2.0 fib level when folks are super bullish. MSFT is having a bit of a struggle at the 1.414. Price usually reverses at the end of the 4th leg of a W pattern. This leg is a dashed line because I am not sure if it is complete. Hanging man candle noted 4 days ago yet price continues up today. Price is closing in on a diagonal and horizontal resistance lines. No recommendation/be safe. Day Range 283.17 288.19 EPS (FWD) 9.36 PE (FWD) 30.30 Div Rate (FWD) $2.72 Yield (FWD) 0.96% Short Interest 0.48% Market Cap $2.11Tby lauralea7