MICROSOFT CORP
Long

Personal Publication

473
Hello everyone! This publication is for myself as I have a large position in MSFT at the moment. 50 calls for the stock to reach a strike price of $225 a share by Friday. I believe this is very possible but after today's dip in the market I will explain the predicted future for MSFT based on pure technical analysis.

First of all I have green arrows all over the chart, I've been having fun with that lately, you can see at the top there is a triple buy signal by the bollinger bands. There is also weakening bearish strength as indicated by the MACD at the bottom of the screen.
D+ also shows growing bullish divergence even with bullish candles ( this is a good sign )

On Monday resistance was tested as seen in the Kurutoga Cloud, and I have outlined the resistance for Tuesday. The bottom of the cloud is my level 1 resistance ( indicated by orange horizontal line ) and the red line is my level 2 resistance ( indicated by the red horizontal line ) if both of these levels of resistance are broken tomorrow, we can expect the uptrend to continue into the remainder of the week.

I will be watching closely and am very excited to see what will happen.

What are your predictions on MSFT? Leave a comment below and like if you are bullish



Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.