MSFT earnings and long term prediction
Güncellendi
I am going to long MSFT for these reasons
~We have officially touched the 0.786 fib retracement which is a great sign to go long again
~MSFT earnings on Tuesday. MSFT bought out Activation Blizzard, so it will be interesting to see how they announce their plans.
~ALSO A while back, Mojang merged Minecraft launchers with Microsoft. SO now all minecraft java users use Microsoft login instead of mojang login.
~On the 4 hour chart there is VERY CLEAR BULLISH DIVERGENCE
~From the last ATH MSFT has pulled back 15 percent, which is a really big pullback.
~We are also on the bottom of the downward wedge, meaning that this will be a good zone to set enter with a SL below the support. As it is a very small loss. With downward wedges, it most likely will break on the up.
~We have officially touched the 0.786 fib retracement which is a great sign to go long again
~MSFT earnings on Tuesday. MSFT bought out Activation Blizzard, so it will be interesting to see how they announce their plans.
~ALSO A while back, Mojang merged Minecraft launchers with Microsoft. SO now all minecraft java users use Microsoft login instead of mojang login.
~On the 4 hour chart there is VERY CLEAR BULLISH DIVERGENCE
~From the last ATH MSFT has pulled back 15 percent, which is a really big pullback.
~We are also on the bottom of the downward wedge, meaning that this will be a good zone to set enter with a SL below the support. As it is a very small loss. With downward wedges, it most likely will break on the up.
Not
SO earnings was a win. I made 100 percent from it. However based on recent action, MSFT is no longer a hold. I sold my calls
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.