Like my cycle analysis on 
AMZN and 
AAPL, MSFT has a similar timeline, with only minor differences. Unlike Google and others, MSFT, AMZN and AAPL are yet to hit all-time highs. This seems unlikely in December as we see usually see some selling take place in December. But, very likely that we hit 260 by mid-Jan 2021.
Yellow line: The big resistance based on highs set on Apr 2019, Feb 2020, Aug 2020
Grey line: Initial resistance based on lower highs set on Jul, Oct and Nov 2020
Green support line: This is a key support line from March 2020, tested twice in Nov already. If MSFT breaks below this by December, then we look at the white support line.
Entry: Based on how MSFT plays out in the cycle over next two weeks, entry will be at 206 or 215.5 between 21-28 Dec. This is 37-44 days before earnings call, which is when MSFT has shown to dip lowest before a drive up in recent quarters.
Exit: Around Jan 20-22 at 234-260 high. I may like to hold a few positions until March if the momentum looks bullish and able to test 260 in March instead of Jan.
Good luck traders!
AMZN and AAPL, MSFT has a similar timeline, with only minor differences. Unlike Google and others, MSFT, AMZN and AAPL are yet to hit all-time highs. This seems unlikely in December as we see usually see some selling take place in December. But, very likely that we hit 260 by mid-Jan 2021.Yellow line: The big resistance based on highs set on Apr 2019, Feb 2020, Aug 2020
Grey line: Initial resistance based on lower highs set on Jul, Oct and Nov 2020
Green support line: This is a key support line from March 2020, tested twice in Nov already. If MSFT breaks below this by December, then we look at the white support line.
Entry: Based on how MSFT plays out in the cycle over next two weeks, entry will be at 206 or 215.5 between 21-28 Dec. This is 37-44 days before earnings call, which is when MSFT has shown to dip lowest before a drive up in recent quarters.
Exit: Around Jan 20-22 at 234-260 high. I may like to hold a few positions until March if the momentum looks bullish and able to test 260 in March instead of Jan.
Good luck traders!
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.
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.