There's no previous structure anywhere to be found in price.. Divergence would better confirmation for this reversal.
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The Microsoft Corp (NASDAQ:MSFT) Daily Diagram Technical Analysis shows the following:
The (MSFT) share follows the resistance of the trend line (green) on an uptrend. This resistance line is over the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as the monthly too.
So the first think in mind is that MSFT has...
I wanted to point out that trend trading is trading support and resistance. What do i mean by that?
the first thing i want to point out is you need to spot out support and resistance before you place a trade on the long or short side.
Did price close above a key level? did momentum break out with it? if the answer is yes then there is a strong indication to the...
The Microsoft (MSFT) weekly chart shows the following signs:
The Price of MSFT make a Long green Candlestick giving a bullish sign over the Tenkan Sen for two weeks now. The MACD is ready to give a bullish sign on Monday (06.09.2014) and the RSI is already on bullish. Volume is UP. The Stock is over the EMA200, over the KUMO Cloud and the Tenkan-sen is over the...
As you can see, MSFT Microsoft Corporation (NASDAQ:MSFT) peaked at a high of $41.66, and it is now trading just a little below that high at $40.79. The PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) recently reached a multi year high of $91.45. However, as noted by the chart above, MSFT has put in lower highs and recently made a new lower low at $38.51, before...
The Microsoft (MSFT) weekly chart shows the following signs:
The Price of MSFT make a Long green Candlestick giving a bullish sign over the Tenkan Sen. The MACD is on marginally ready to give a bullish sign and the RSI is already on bullish. Volume is UP. The Stock is over the EMA200, over the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that...
Nice, strong breakout in Microsoft today. Intraday entry was at $40.50. You can trim&trail some in front of resistance if you manage this on daily basis and for investors nothing to worry about.
New pivot resistance at $40.97, above that could trigger another entry/add. Next resistance at $41.30 then we have highs at...
The Microsoft (MSFT) daily chart shows the following signs:
The Price of MSFT consolidates around the $40 the last month in a desceding triangle. The MACD is neutral and the RSI too. The Stock is over the EMA200, and has reached KUMO support.
I expect that the stock will continue the consoidations but has a long term divergence in MACD. If the stock break the...
The Microsoft (MSFT) weekly chart shows the following signs:
The Price of MSFT consolidates around the $40 the last month. The MACD is on bearish sign and the RSI on bullish. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the consoidations but has a divergence in MACD. If the stock...
Yesterday, Cisco (NASDAQ:CSCO) reported earnings. Cisco is one of those old tech stocks, like Yahoo (NASDAQ:YAHOO), Microsoft Corporation (NASDAQ:MSFT) and IBM (NYSE:IBM). One thing they all have in common is the possibility of going lower in the coming days. Also important to note is that the major indices, specifically the S&P500 (NYSEARCAPY), saw some selling...
I will be watching if this bullish flag on the DAILY chart really is as easy as it looks....this stock additonally has some bonus expectations due to Nadella taking over as CEO.
Markets act very healthy as money rotates to safe heaven, high dividend, large cap stocks. (more analysis on markets in link chart)
Yeasterday tech giant reversed from lows and closed near highs, means that buyers took control and regained important support at $39.
Today it triggered ENTRY LONG above previous hod @ $39.51.
STOP below $39 and $38.50
TARGET...
