Msft
When I look at this I have to fight my Bearish Bias of the market to lol..
What I mean by that is that I expect NASDAQ and Qqq to go lower but this looks like a good setup for a long.
A good setup doesn't necessarily mean bullish, just means the stock is at strong support and approaching oversold.
Msft is showing a falling wedge here at support ..
4 hour oscillators (RSI,Stoch,MFI) is saying a bounce is coming..
The strongest support here is 414
Below that and this heads straight to 400.
Next over the next two weeks I think Msft has a 80% chance of closing gap at 430... But I don't like V shape recoveries and neither does Msft as u can see with the 3 green circles.. the pullbacks made a double bottom
So I'm looking for a move up to 430 then a pullback for a move to 441-450
What's crazy is their next earning date coincides with the Fed rate Decision Jan 29th
What I mean by that is that I expect NASDAQ and Qqq to go lower but this looks like a good setup for a long.
A good setup doesn't necessarily mean bullish, just means the stock is at strong support and approaching oversold.
Msft is showing a falling wedge here at support ..
4 hour oscillators (RSI,Stoch,MFI) is saying a bounce is coming..
The strongest support here is 414
Below that and this heads straight to 400.
Next over the next two weeks I think Msft has a 80% chance of closing gap at 430... But I don't like V shape recoveries and neither does Msft as u can see with the 3 green circles.. the pullbacks made a double bottom
So I'm looking for a move up to 430 then a pullback for a move to 441-450
What's crazy is their next earning date coincides with the Fed rate Decision Jan 29th
עסקה סגורה: הגיע לסטופ
I was wrong here
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.