MSF trade ideas
msft stock daily chartswe can see on the left that miicrosoft has been trneding up with higher highs and higher lows until that flipped zone which i marked out that pushed it down shifting structure.
Now price is rejecting off that level and reaching the 0.5fib, also a demand zone.
However price has been respecting daily bearish gaps thus far
so let's see if this 0.5 fib level holds, if it breaks downwards, then price should go down.
i'm more bearish for now, unless nfp pushes price back up with force
microsoft outlook using smart money conceptsWeekly trend is still up, but fvgs formed on the way down, showing bearish intent
Price swept the 2 april lows' liquidity and then moved back up strongly on 5 aug week, creating a weekly bisi in the process, which is a bullish sign. Now bulls want to see the weekly fvg hold but currently it looks like its not holding. I will remain bullish only if this week's candle closed with lower wick to respect the bisi. Which means nfp has to push price up by a lot, if not, more downside to come
MSFT Price RecapPrice Recap:
After breaking below a long term uptrend on the daily and weekly, MSFT’s price sold to a key demand zone before retracing back to the bottom side of the previous long term uptrend. Price rejected the bottom side of the previous long term uptrend in addition to rejecting a previous key resistance area. MSFT’s price is now consolidating between 405.14 and 425.21.
Trade Idea:
If price continues to sell below 405.14, watch for a move to 398.29 and 389.10. If begins to bounce from this demand point, watch for entries to the high of the current HTF range on. The daily.
Additional Considerations:
- Jeanius buy signal (Monthly and Daily)
- Holding 200ma
- Hovering RSI midpoint
- Possible head and shoulders on the HTF
The shares may return to the 385 USD support levelA head and shoulders pattern appears to be forming on the Microsoft Corporation (NASDAQ: MSFT) stock chart.
The right shoulder of the pattern is currently taking shape, indicating that the stock price could drop to the neckline at 385.00 USD.
A break below this level may lead to a further decline in price to 340.00 USD.
MSFTFor Microsoft stock (MSFT), I expect a continued decline to 385, and if it closes below that level, it may continue to drop to 343
Short MicrosoftSell Microsoft until 360-340, the price action is clear, confirmation was found in 4h.
Microsoft risks shown in chartThe biggest stocks in the market, from the technology sector, tops on July 2024. Now they are showing some concerning data. The weak RSI and Fibonacci retracement levels perfectly match previous support and resistance levels. There are also other concerning factors.
Microsoft is showing a weak RSI in the latest move-ups. Maybe it needs to find liquidity in the 0.382 FIB level around 370$.
msft bullishtechnically it seems more bullish than other mega gaps
Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
Microsoft bull flagI think that Microsoft will go up to the 440USD. I like to get some feedback or tips
MSFT - Reversal of upward trend and Head&Shoulder patternReversal of upward trend and Head&Shoulder pattern. Both indicates a short term downfall to around $380 or below.
Head and Shoulders Formation on MicrosoftHead and Shoulders Formation on Microsoft
You can check financial ratio indicators on my profile
MSFT Long Position Hi traders,
In the next days we are expecting the price to increase a little bit more and reach resistance.
After that we are expecting pullback and retest of the key support.
Entry, target and stop loss are shown on the chart.
Good luck
MSFT - MICROSOFT POTENTIAL REVERSAL (HEAD AND SHOULDERS) Dear traders,
keep an eye on microsoft, today is an important day due to NVIDIA's earnings report which could have a negative impact on tech companies if it is not good enough. Microsoft could very well go down to $375, this could generate some interesting buying ideas, I will share my thoughts on buying it.
best
MSFT FURTHER DOWNSIDE IS EXPECTED NASDAQ:MSFT broke out of daily trend line, further down side is expected. Overall target at key support levels of $350
MSFT - Head and shoulders is forming📈 Microsoft (MSFT) Stock Analysis
Let's take a closer look at Microsoft's (MSFT) recent performance. The stock is currently trading at $416.79, showing a slight increase of +0.30%. We're seeing some interesting technical patterns forming:
- Head & Shoulders Pattern: The chart shows a clear head and shoulders pattern, which could indicate a potential bearish reversal if the neckline is broken.
- Fibonacci Retracement Levels: Key levels to watch include 0.236 at $407.82 and 0.382 at $370.78. The stock has reacted previously with these levels, indicating potential support areas.
- Support Levels: Strong support is found around $325.45, which coincides with the 0.618 Fibonacci level.
If Microsoft fails to stay above the neckline, we might see the stock test lower levels, potentially around $340 or even $325. Keep an eye on these key levels for any further movement.
MSFT May 20, 2024: Waiting For A Trendline BreakoutOn May 20, 2024, after moving above MA-50 and holding for 2 days, NASDAQ:MSFT looks ready to breakout above the yellow trendline as shown on the chart, which would provide a buy point.
MSFT Following GOOG's Path? Targeting $350Hello Traders,
I’m sharing my analysis of the MSFT weekly chart. The price has bounced off the upper main channel line around $465.
Looking at the previous wave, it consisted of an uptrend (blue progression channel) lasting 94 weeks and a downtrend (grey channel) lasting 42 weeks, totaling 136 weeks. I’ve highlighted a yellow rectangle showing the price action after exiting the blue channel. Let's apply the same logic to the current wave, which started in January 2023.
The price has now exited the uptrend portion of the current wave (blue channel) and is retesting the broken channel's lower line, similar to what we observed in the yellow rectangle. Therefore, I expect a downtrend channel to form, potentially targeting $350 over the next 45 weeks.
I've aimed to make this analysis straightforward, and you'll notice that MSFT is exhibiting a pattern similar to GOOG, with two waves in a long-period progression channel.
Happy trading!
NASDAQ:MSFT
MSFT has room to the daily 50 SMA.NASDAQ:MSFT daily chart shows consolidation just below the daily 50 and 65 EMAs. If MSFT can confirm this daily supply to the upside, there is significant space on the chart up to the daily 50 SMA, which gives this trade a large measured potential. Many NASDAQ:QQQ names have reclaimed their daily 50 SMAs, and as long as the index continues to build above its daily 50 SMA, MSFT is likely to catch up. As MSFT is a thinner name, this trade will be more likely to work during the morning trading session when liquidity is higher.
MSFT - waiting for $425.85 break to explodeMSFT - Stock having good momentum end of the day and needs to break $425.85 50 EMA level. Stock seeing bulk of call flow coming in millions. on high watch for that $425.85 level break to add calls. Stock is strong on indicator level as well.
$MSFT Head and Shoulders Pattern in Formation?NASDAQ:MSFT
Technical Analysis of MSFT:
Head and Shoulders Pattern in Formation
Currently, the support established around $390 might be forming the neckline of a potential head and shoulders pattern. To complete this pattern, the right shoulder still needs to form.
Key point to watch: if the right shoulder develops below the 61.8% Fibonacci retracement level, projected at $436, it could signal a bearish move. A confirmed break of the $390 support would then be expected to trigger a downward move towards the potential target of $310.
Summary:
Current Support/Neckline Level: $390
61.8% Fibonacci Retracement Level: $436
Watch for Right Shoulder Formation Below $436
Potential Downward Target: $310
Monitor for the formation of the right shoulder and a potential break of support to validate the bearish outlook.
