Will Microsoft beat the historical top directly or will take an extra correction move first?... We will know very soon!
EVEN THOUGH I AM LONG Currently, BUT MY MONTHLY CHART IS SLUGGISH, WEEKLY IS STRONG still but some weakness there. So for some one who lost $100k in 08/09 and has been watching market for about 2 decades; "time to warn". I do my own analysis and manage my own money. Those are the lines and suggestion for key resistance level to see if new bear market comes after...
MSFT has formed a large double top, and might be starting a correction towards the support below. It's interesting to note that the top happened at the highest low in the weekly chart, and that we have two 9 week modes in the chart, from the top. If we were to cross the earnings support, the inside trendline, and the 9 week mode below, we could see a correction...
Refer to my previous Monthly analysis on January, 2016, We slightly changed in our short term view. red wave 5 of green wave iii of blue wave 1 has not been finished yet and we expect one more upside rally to finish red wave 5. Once this red wave 5 finished we will see correction in green wave iv towards 40-41 area where we expect that this share placed long...
The long zone starts at the 53.22 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 53.95, 54.90 and the 56.20 levels. Follow Smart Money Twitter: @FXSmartMoney
So we're going into earnings and a lot of people are saying long MSFT. I honestly cannot see the appeal in this. Earnings play maybe but the current chart is very much bearish and is following history. It was in a downwards trend as you can see with my channel but broke out. I think it will use the top as support if not break through it to cover some gaps. I'm...
Another simple, but effective, medium-term chart. I have entered a short position at 52.33, and I am looking for a price of 42-46 (Depending on where it hits the green cover box).
Target = $49 Keep buying front-month PUT at 0.01 each ( See OptionsProfitCalculator: opcalc.com ) $10 dollars, controlling 10,000 shares. Max returns of $10k if it gets to $49. Your downside is only $10! OR naked short any option above $55 (Since there are lots of premium in MSFT options anyway) ------------------------------------------------- See the...
Watch Monday's price action on the SPX500, short MSFT if it gaps down on opening. Rising wedge, weakening trend and big bears lurking in APPL . This probably won't be immune for long.
Trade pending as per chart. Reasons Overhead resistance Dynamic trendline resistance RSI nearly overbought Enter in stop pop zone Good Luck
Microsoft is restoring its long term up trends after late August selloff Recently the price bounced up from 10-year uptrend border, which is marked by the upper 1st standard deviation from 10-year mean @ 39.40. If the upwards impulse continues, price will also restore its 5-year uptrend, by trading above its border, marked by the upper 1st standard deviation...
Fully technical trade in play here, ignoring fundamentals. ------Trade------ S/L: 39.56 T/P: 46.69~52 range (with trailing stops when it gets to 46) Entry: 41.01
Microsoft has been performing poorly compared to the other NASDAQ stocks. I always had the idea to short the weak movers. 38.2% retracement, 200ma. I was a nice optimum trade.
Nokia is looking interesting once again a year after Microsoft's acquisition, a leaner and reinvented business structure. It could present a good long term buying opportunity from here. Significant interest on the N1 tablet in China. ( pocketnow.com ) Record 2014 deals in india involve the modernization of 2G and 3G networks, 4G deployment, WiFi solutions,...
Here's another contrarian post to follow up my previously partially incorrect post. At the completion of Wave 5 of 5 of 1, the news re Microsoft accepting Bitcoins was released, thereby initiating Wave 2 up. See www.cryptocoinsnews.com See commerce.microsoft.com I'm curious what effect it had on the market prior to the official news release, if any. I'm also...
The Microsoft Corp (NASDAQ:MSFT) Daily Diagram Technical Analysis shows the following: The (MSFT) share follows the support of the long term trend line (green) on this uptrend. The last three days the share made a sharp movement. All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as...