MSFT trade ideas
Reversal?Potential reversal identified based on August price action.
We are at a tipping point for tech.
Weekly technicals are oversold.
MACD monthly remains negative.
Jobs report and further Fed hikes may amplify this technical analysis may tip the scales and send tech plummeting.
Good luck,
Opinion - not financial advice
BLS lied about jobless claim. Q2 will be bank-run galore!A wipeout like never seen before. History in the making.
You think its only SVB, Silvergate and Signature Bank? Think again.
Check out this article: www.visualcapitalist.com
As I mentioned again & again, Q2 will be bank run galore. Western Alliance Bancorp's deposit fell 11%.
Barclays says $1.5T outflow into money markets (Equities/ETF/Indices/Bonds/Crypto), reported by Bloomberg.
JPMorgan says bank could run out of reserves if pace of capital flight continues.
Sharks are smelling blood and ready to pounce. Hence, TD Bank is on their crosshair as speculators are shorting $3.7B against Toronto-Dominion bank.
More banks will be in their crosshairs. Big money to be made.
Oh yeah and also, Janet Yellen and Sleepy Joe Biden, always claim that US economy is strong due to lowest unemployment rate.
They love to cling to this "lowest unemployment rate" ammunition by BLS, which is a BIG LIE. Layoffs are going on at breakneck speed, McDonald's and Walmart are the latest addition.
What data of unemployment are they looking at? I have always knew that the data is manipulated to hide the truth from the people, by purpose or not, that's irrelevant.
As I mentioned before, it is also a fiduciary duty of nation leaders to not cause panic, even though the house is on fire.
Now BLS says jobless claim exploded after "Revision", according to ZeroHedge.
Every sector is cutting headcount. From tech to fast-food chain.
By Sifu Steve @ XeroAcademy
MICROSOFT (MSFT) Still going down?This idea is only for educational purpose, and just from technical perspective. I know nothing about the fundamental analysis.
MSFT LONGdecent reverse head and shoulders at bottom, trying to pick the levels w short term trades to test the water...
Microsoft shortShort on Microsoft on the 4h timeframe-
Enter short at resistance 290,65
Stop loss at 295,11
Exit point at 246,16
MSFT AnalysisPrice did not play out to my analysis last week. Price mitigated the final target of the up move without any bearish retracement. I'm expecting price to start a bearish retracement from here. If price breaks the low at 283.96, we should see price heading lower.
MICROSOFT Hourly XABCDMicrosoft
HARMONIC Butterfly
Bearish divergence at point D
SL: 290.50
EP:272
TP: 254
MICROSOFT Hourly XABCDMicrosoft
HARMONIC Butterfly
Bearish divergence at point D
SL: 290.50
EP:272
TP: 254
MICROSOFT HourltMicrosoft
HARMONIC Butterfly
Bearish divergence at point D
SL: 290.50
EP:272
TP: 254
Harmonics on MicrosoftNASDAQ:MSFT
Harmonics pattern drawn on NASDAQ:MSFT daily timeframe chart suggests that bullish trend may continue till 305, before it starts some correction for next move.
MSFT might start struggling at this levelMSFT might start struggling at this level. Needs to be monitored together with AAPL and QQQ
MSFT Microsoft to 290 by JulyPrice action looks like this could be a cup and handle breaking out through the $165 area. Lots of important economic signals coming in the next 2 week which, if good, could be a boon for markets and especially blue chip technology. MSFT is one of the strongest looking stocks of them right now in my opinion. Out on two closes under $140 looking to see this test $290 area when I would set a hard stop order to $280 and let it ride.
MSFT 04/03/2023 week aheadWe had premarket movement back up to (almost) previous close and then a strong move down to the 284 support zone. Bullish momentum back up to 286 area.
I am anticipating a strong bullish move tomorrow and MSFT to punch through the 288.67 zone.
I may go long if price moves/bounces above 286.90 close and hold if price moves above previous day high.
If MSFT breaks below 286 and rejects 286 zone, I will go short to 284 and hold through 283 & 281.
MSFT 04/06/2023 Big bull movement and then massive selling volume toward end of day.
Market exhaustion, will move down to strong support and then another bullish move to break recent high.
Short to 285/6 (possibly 284) then Long to 299+.
**NOT ADVICE**
This is ONLY my opinion and is based on price action, volume and trend.
