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!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.