$108 price for MSFT was always a strong support level but it just caved in. $106 is not optimal for MSFT, It was only good in October because that was a new bottom for MSFT at the time but we have a newer low now which is $103 which I expect to see in the coming week(s). If no bounce with the new bottom of $103 next support will be $98.
Nota
WE ARE AT SUPPORT LEVEL IF WE LEAVE $104 WE ARE GOING TO $100.Nota
100 HERE WE GO! BEST TIME TO BUY MSFT RIGHT NOW! DECEMBER IS THE BEST MONTH FOR STOCKS TO HAVE A COMEBACK! ILL BE GOING IN NOW!Nota
If we don't stay above $104 after market close we are going back down to $100 and eventually down to $98.
Nota
Had my stop loss set up at $104. $104 did not hold, Its going to get ugly next week. Target price is $98 now.Nota
Reverse H&S is starting to form for MSFT which can mean this stock will go back up to $112 mark. BUT we aren't near previous $108 support, which is no longer reliable at this point so MSFT is way too volatile at the moment. IF reverse H&S forms it last shoulder we can start seeing MSFT highs again.Nota
LOOK FOR $104 SUPPORT ON MONDAY, WE LOSE IT WE NOSE DIVE TO $100 AGAIN AND THEN MAYBE HIGH 90S.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.