MSFT - short term I feel it needs fall to touch/cross the EMA13 before it continues to move higher if at all
Bounced off of double bottom, and buyers of stock protecting with Feb 45 Puts today, yesterday saw collars (Oct 44 Put and Nov 47.5 Call) protecting open positions
Sitting at uptrend and slightly OS.
While in an uptrend, MSFT stochastic and RSI show an hidden divergence. The stock is very likely to go up to its last top at least.
Fridays high volume , high close session broke short term $47 key level. Spread potential
MSFT is showings signs of reversal. Ascending wedge with descending volumes. Not confirmed yet. Must break support line C-D to confirm. Also has a Doji/DragonFly candle and a Bearish One Black Crow candle. This last candle is not confirmed yet. Stochastic is ovebought, and SAR may switch directions within the next few days. Target is a short down to...
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. All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as the monthly too (overbought). So the first think in...
Microsoft has a clean break out from the rising wedge but the volume is not impressive at all. The resistance around 45.45 has been tested for the 5th time and yet RSI is moving lower.. under the RSI breaks out of the resistance shown, else this might be the short term double top
Short MSFT 45.5 weekly puts on a near test of the 45.5 level. After testing that line twice, it has failed to breakout again today. MACD is flattening out, stochastics are heavily overbought and price action is near the top of the Bollinger bands. Option IV also very low, near 13%
I imagine this isn't going to end well. Expect pullbacks to support gained areas.
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 five days the share made a reversal movement after the Motning Star (Doji). All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly...
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...
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...
There's no previous structure anywhere to be found in price.. Divergence would better confirmation for this reversal. ****************************************************************************** For inquires of education, live trading room, or prop trader funding email epicdaytrading@gmail.com Skype: epicdaytrading PH: +1...
This means that the movement continues in the yellow trend. This means that from the upper border towards the lower border. Triple top for almost formed. Hammer marked the end of the rise. If the fall will be a familiar scenario, I intend to to open a short position on the back test.
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...