Shares of Microsoft Corp (NASDAQ: MSFT) declined last week, but remained within range of their 1999 peak as investors continued to rally behind the company’s second quarter earnings beat. The Redmond, Washington-based technology giant closed at $57.62 Friday, having declined 0.6% for the week. For the month of August, the company’s value has increased...
Last week Friday closing confirmed the weekly breakout of price action from a previously trading range. Trading range was 40 weeks long where we saw major buying and selling of the stock, which is also called Value Area. As per the volume profile, if any stock's price action moves above the value area then it signals a buy opportunity which we could see at...
Looking a little deeper into $MSFT, a cup has formed on the monthly chart into resistance. Noticeably divergences indicate a possible pullback prior to the advance, which could validate a cup and handle for a new move to ATHs. I like it long overall, but could easily see a pull back
$MSFT weekly showing channel/coil break to upside as a result of earnings. However, the earnings move still leaves a partial gap open on daily, which I've labeled. Current candle broke SAR up to the upside, but Keltner upper extreme makes me think we could see a gap fill before a resistance break. Either way, think we see an upside break of support over the long term.
Will Microsoft beat the historical top directly or will take an extra correction move first?... We will know very soon!
It's possible that this is a start of a down trend here guys so let me know what you think.
Over the last 10+ yrs 3 amazing BULL rallies I think we are due for a 4TH....
Neat Divergence on Stochastic Indicator. Prices are bound to stay within the box. Keep a longish view.
HI, MSFT declared its plan to buy LNKD for $29.2 Billions. But this is not an agreement signed. It is just a rumor that MSFT has spread around in the market. But LNKT had positive Earnings report recently and this positive data plus the catalyst of the MSFT acquisition plan the Share Price jumped up with the NYSE Opening. I am a trader of - profiting.me Thank...
In my previous publication I alerted of MSFT topping in the near short term but I was too early with my asessment. So far, the levels that had to break down, have been broken down, and after this week's close, we will have a time at mode downtrend signal confirm, which would aim for 45.34 at least. The downtrend is projected to last for 10 weeks or less (depending...
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...