MSFT Pathing on the 2 hour. The Way I see MSFT. needs a break out of this range one way or the other.
MSFT trade ideas
Microsoft (MSFT): Climbing to New Heights or Ready for Reversal?For Microsoft, we've recently observed an uptick and, for visualisation, activated the 100% level on the two-day chart as a maximum target. A closer look on the two-hour chart suggests that we might be in the final wave, Wave 5. Since developing Waves ((iii)) and ((iv)), we've formed four more waves and are now approaching a new all-time high. We consider a maximum of $450 to be realistic, though further increases are possible. After such a substantial rise, we expect the target range to be between 38.6% and 54%, around $450. This area could be intriguing to monitor for a potential trend reversal. If such a reversal occurs around $450, we would look out for possible short positions. However, should we significantly surpass this level, which we currently don't anticipate, we would seek long positions. Depending on these developments, we'll adjust our strategy accordingly.
(MSFT) - A Comprehensive Look at the Bulls and Bears in PlayAs of the latest trading session, Microsoft Corp. (MSFT) exhibits intriguing technical patterns and indicators that warrant a closer examination for both bulls and bears in the market. With the current price standing at $424.59, let’s dissect the chart's tale through various technical lenses.
Ichimoku Clouds: A Bullish Horizon
MSFT's daily price action remains above the Ichimoku Cloud, indicating a bullish sentiment. The cloud's future span is upward sloping, which suggests that the bulls have the upper hand for the foreseeable future. However, it's worth noting the Tenkan-sen and Kijun-sen lines are experiencing a flattening, which could signal a consolidation phase or an impending volatility squeeze.
Fibonacci Retracements: Levels to Watch
The stock recently bounced off the 23.60% Fibonacci retracement level at $402.39, marking a solid support zone. A retracement towards this level could offer a buying opportunity for those who believe in the stock's fundamental strength. On the upside, the 50% retracement level at $370.02 may serve as a medium-term price target for a bullish scenario.
RSI & Stochastic: Mixed Momentum Signals
The Relative Strength Index (RSI) hovers around 57.28, neither overbought nor oversold, suggesting that there's room for price movement in either direction without immediate momentum exhaustion. The Stochastic oscillator, however, with a reading of 59.90 and 52.11 for %K and %D respectively, implies that we might be closer to overbought territory, which could precede a pullback.
MACD: Caution on the Horizon
The Moving Average Convergence Divergence (MACD) presents a cautious narrative, with the MACD line slightly below the signal line, indicating bearish momentum in the near term. The histogram shows diminished bullish momentum, which could anticipate either a consolidation or a downward price correction.
Volume and OBV: Confirming the Trend
Volume trends and the On-Balance Volume (OBV) are critical in confirming the price action's validity. While the volume shows no significant spikes, the steadily rising OBV underscores a genuine accumulation phase, reinforcing the bullish price action.
Speculative Price Targets: Riding the Bull and Taming the Bear
For the optimists, setting a price target at the upper boundary of the Bollinger Bands, around $440, aligns with the current bullish momentum. For the cautious investor, any break below the 23.60% Fibonacci level could suggest a target of the next significant Fibonacci level at $402.39, as a potential area of interest for bears.
Conclusion: An Equilibrium of Forces
In conclusion, Microsoft's stock appears to be at a crossroads. While the Ichimoku Cloud and OBV point to a bullish trend continuation, the MACD and Stochastics suggest we proceed with caution. The mixed signals from momentum indicators coupled with solid support and resistance levels carved out by Fibonacci retracements present a battleground where bulls and bears are likely to tussle for control. Investors should monitor these levels closely and adjust their strategies accordingly.
Disclaimers: This analysis is speculative and for informational purposes only. It should not be considered as financial advice. Investors should conduct their own research and consult with financial advisors before making investment decisions. Past performance is not indicative of future results.
MSFT Short: Based on Elliott WaveThis is a long-term short idea. Perhaps the best way to execute this trade is via short call option above $430.
MSFT - We nailed this short analysis, Don't sleep on the taper!!In my video yesterday I explained that proof of tapering from our purple HTF buying continuation to an even more tapered blue will lead to a liquidity build and a need to activate a stronger buying algo below. If taken correctly this turned out to be a 15 R:R trade.
Happy Trading :)
- TraderDaddyOG
MSFT March 21, 24: A New HighOn March 20 NASDAQ:MSFT reclaimed a previous resistance as show on the chart, and on March 21 went up into new high.
A new high is a good entry point for trend-following traders.
MICROSOFT $MSFT - Mar. 11th, 2024MICROSOFT NASDAQ:MSFT - Mar. 11th, 2024
BUY/LONG ZONE (GREEN): $405.00 - $415.00
DO NOT TRADE/DNT ZONE (WHITE): $400.00 - $405.00
SELL/SHORT ZONE (RED): $394.10 - $400.00
Weekly: Bullish
Daily: DNT, Leaning Bearish
4H: DNT, Leaning Bearish
Wanted to draw up NASDAQ:MSFT after seeing the ranging zone on the daily timeframe, figured I might be able to pick a few entries no matter which trend price breaks into. The bullish zone is expanded farther than I typically would have it because of how price is moving in the range and because there have been already been multiple tests to each level. Previous zones are labeled for reference. I would heavily rely on the 1H/15min timeframes for entries, and the Daily/4H timeframes for structure and zones to determine which direction I'm trading in. The weekly timeframe is bullish and the daily obviously has the sideways range as previously stated, but I would lean bearish because of the level breaks and structural breakdowns. The 4H is where I'm mainly looking, there was a strong bearish drop last Tuesday, March 5th. Price dropped from the bullish zone, straight through the DNT zone and right into the bearish zone. Price then tested and rejected the structural zone above (405.00 - 405.50), dropped to the bottom of the bearish zone (target 400.00), then broke back into the DNT area before rejecting the top level (409.30 - 410.10) and dropping back into the previous bearish zone (405.00), which is the current DNT zone (405.00). Although there is a lot of level breaks up and down through each zone, I am leaning bearish on the smaller timeframes due to how price has dropped and then retested as opposed to the bullish counterpart.
MSFT - Updated Analysis as we see further tapering rejectionsWe are seeing rejection from a very tapered blue buying continuation after last week's rejection of purple. We are holding magenta stronger buying continuation so we will need to see this fail in order to get into a further downside trade - however, with additional proof of rejection from blue tapered, we can get in an early short position to at least magenta to see if we're picked up there.
Either way, plenty of opportunity here on MSFT in the coming days and weeks.
Happy Trading :)
✅TRADE REVIEW: $MSFTAlready have a position in MSFT and have traded in the past. I am adding on this pullback buy.
I have about half a position size now and will look to build up my position on the next pivot.
As Bullish As It Gets (Near-term)Bears/shorts are about to get absolutely slaughtered over the next couple weeks. By the time everyone switches long it will tank... Same story every time.
I just went long MSFT with a buy zone 413-419. I will add if we get another lower low but not expecting that.
Initial target 427 by 4/5.
Goal Target 440s by end of April.
Stop loss close below 407.
Don't short this yet.
#Sincerely,
BILLIAM YATES
Microsoft EW Analysis in 4hr time frameHello friends. We see the chart of Microsoft stock and this analysis by EW so be assumed start the 4th wave by abc moving I hope the price touch the 372 $ zone.
MSFT momentum: potential upside towards 460-470 range by Q2 2024MSFT has been gaining momentum over the long term, indicating a potential move towards the 460 to 470 range by the second quarter of 2024. The stock's stability between 410 and 420 may potentially set the stage for a modest upside of over 10%.
Time to Buy MSFT for More Upside?Looks good both technically and fundamentally,
strong earnings, quick recovery after small (less than 3%) after-earnings downside.
All time highs.
Analysts see 8-12% uspide.
$MSFT New HighsI believe MSFT is very bullish according to the trend and the harmonic. I think we can expect this to be 435+ in the very near future.
Not financial advice, good luck to all :)
MSFT - Great opportunity to short IF we fail this activationWe need to see yellow strong buying hold us to attempt another breakout of tapering up top. If we fail yellow, our next stop is magenta support which will be important for bullish price action to continue.
We will likely see this happen today - and if we do hold yellow and reject at tapered blue above, I will be taking shorts and expecting a gap down below yellow as we've seen in the past.
Happy Trading :)
Topping Out Soon...I thinkIf my counts are right it's suggesting we're getting pretty close to topping out before starting a pretty deep correction.
MsftMajor rising wedge here for the biggest stock on the market...
In the scenario where this breaks wedge support and starts to correct the target would be 363 or the 200ma
Until we can play the wedge!
Price closed outside daily bollingerbands and hourly moneyflow is saying a 3-5% pullback is coming
My target here is 415, look for any pullback near trendline or 433.. stop loss with a close above 435
MSFT - Analysis after strong rejection off a tapered channelIf you understand what I see, this will make a lot of sense to you.
We are simply... Tapering. From strong buying magenta continuation, you can see signs of purple more tapered buying continuation starting to pick up and hold price. This means that we will taper in purple until we activate a stronger buying continuation to then break out of purple. If not, magenta will be no longer (for the time being).
That will be all for my analysis this morning. Will keep you updated as price develops on all of these!
Goodluck in the market today and...
Happy Trading :)
MSFT charted for 19MarWatch for the hourly bounce at
414.25 - this could present a long opp
up to 429.75
If we open below the ceiling, then targets are:
407.50 with runners down to 400.
MSFT nice opportunity to enter this great stockhistorical chart is vertically scary, thus you always feel the opportunity to invest in this stock has already passed, but here goes nothing.
seeing a change of flows in the monthly chart signalling a possible retrace, i found confluence between 61.8% fib retracement from the whole move up since covid crash + POC at the same level for equal period + 1.27 fib extension.
provides a potential great entry if hit.
not sure about the TF this can happen and i don't expect it to go towards the target in one movement.
MSFT charted for 18MarIf we open up below this level, look to short down to CB and leave runners to the floor
Watch out for the bounce on the HOURLY trend level - we could see a nasty bounce. Have a tight SL here.
MSFT March 14, 24: New High Offers a New BuyNASDAQ:MSFT going into new ATH provides a new buy opportunity.
I would like to see the stock closed at new ATH, in the upper closing range, and with volume confirmation, for the entry point to be valid.
See previous buy points in the related idea.
Who will buy TIKTOK ?Read the latest news here
I hope either MSFT or META would acquire the TikTok business in US and if it falls through, it will add value to their existing business especially META. Some said X would be interested but I doubt so. Looking at Tesla recent share prices, it has been trending downwards and with their aggressive price cuts, there is basically no revenue growth per se. They are struggling in their EV business. Acquiring TikTok is not going to help Tesla in any way nor can it add value to its automotive business.
Who do you think beside these two companies would gain a competitive advantage in acquiring TikTok?
