MSFT – Testing Key Resistance at 540, GEX Points to Potential Upside Breakout 🚀
Technical Overview: Microsoft (MSFT) is consolidating near the 537 zone after a strong late-July rally. The 1H chart shows steady higher lows forming since the 505 bottom, with price now pressing against the 540 resistance zone. This level is important as it coincides with a major GEX call wall and historical supply.
GEX / Options Sentiment:
* Highest Positive NETGEX / Gamma Resistance sits right at 540 — a breakout here would shift dealer hedging flows bullish and could accelerate price toward 545–555.
* 2nd Call Wall: 540 with 75.08% call concentration.
* Support: 530–532 zone, with heavier put positioning (-8.26%) at 515, which also acts as a downside guardrail.
* If 515 breaks, dealers may unwind further, opening risk toward 505.
Thoughts & Option Suggestions:
* Bullish Play: Wait for a confirmed 540 breakout with strong volume. Calls targeting 550–555 could benefit from a gamma squeeze if momentum accelerates.
* Bearish Play: A rejection at 540 followed by a break below 530 could open a quick move to 520–515. Short-dated put spreads could work here.
* Neutral: If MSFT stays pinned between 530–540, selling premium (iron condor or credit spreads) could work for range traders.
15-Minute Intraday View:
* Short-term trend is bullish with higher lows.
* Intraday momentum builds above 538 could quickly retest 540.
* Watch for a rejection at 540 — if it happens early in the session, a pullback to 533–532 is likely before any bounce attempt.
Disclaimer: This analysis is for educational purposes only. Always do your own research and manage risk before trading.
Technical Overview: Microsoft (MSFT) is consolidating near the 537 zone after a strong late-July rally. The 1H chart shows steady higher lows forming since the 505 bottom, with price now pressing against the 540 resistance zone. This level is important as it coincides with a major GEX call wall and historical supply.
GEX / Options Sentiment:
* Highest Positive NETGEX / Gamma Resistance sits right at 540 — a breakout here would shift dealer hedging flows bullish and could accelerate price toward 545–555.
* 2nd Call Wall: 540 with 75.08% call concentration.
* Support: 530–532 zone, with heavier put positioning (-8.26%) at 515, which also acts as a downside guardrail.
* If 515 breaks, dealers may unwind further, opening risk toward 505.
Thoughts & Option Suggestions:
* Bullish Play: Wait for a confirmed 540 breakout with strong volume. Calls targeting 550–555 could benefit from a gamma squeeze if momentum accelerates.
* Bearish Play: A rejection at 540 followed by a break below 530 could open a quick move to 520–515. Short-dated put spreads could work here.
* Neutral: If MSFT stays pinned between 530–540, selling premium (iron condor or credit spreads) could work for range traders.
15-Minute Intraday View:
* Short-term trend is bullish with higher lows.
* Intraday momentum builds above 538 could quickly retest 540.
* Watch for a rejection at 540 — if it happens early in the session, a pullback to 533–532 is likely before any bounce attempt.
Disclaimer: This analysis is for educational purposes only. Always do your own research and manage risk before trading.
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.