LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV, SIRIUS MINERALS PLC ORD 0.25P, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, TCG
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
fed halting quantitative tightening and further rate hikes, completely backed in to a corner, will we see a 1920's style blow off top in the markets? Great Depression 2.0
The price broke both the 2DS and 3DS Bollinger bands, is this area (after 3DS) the price stays for less than 2% of the time. This may suggest that the price could tend to come back to the median (121$ at the moment) and "release some stress". The RSI is also over 80, well inside the overbought zone, which also indicates a possible reversal of the trend. The title...
If you look at this chart on a weekly or monthly time scale and look at the RSI, there is bearish divergence on both timescales which warns of a MAJOR reversal ahead to the down side. A longer term trader / investor could add a short position in MSFT to their portfolio. (This is not financial advice, you are responsible for your own losses).
This is for the stock traders, maybe a possible down trend on Microsoft however with it being a company in the technology sector i would be careful as a new product or software could significantly change this.
The Microsoft MSFT stock price is in an ascending channel, and is very near the bottom of it today. I expect to see a reversal occur and the price to start rising until it reaches the top of the price channel. This is supported by RSI levels. Please hit like if you agree.
This is a quick description as how I use STOCH and the RSI2 to help me find key pullbacks in a trending market. Throughout trending markets we expect to see healthy pull backs. This happens as people rotate out of certain stocks/sectors, price drops and this gives us a great opportunity to enter the stock at a discounted price. If we take $MSFT as an example we...